Tim Cook returned $1 trillion to shareholders. John Ternus is being given permission to keep it.
For nearly 15 years, Apple’s financial strategy has been defined by a single number: more than $1 trillion returned to shareholders through stock buybacks and dividends. Tim Cook inherited a company sitting on a cash mountain that Steve Jobs had accumulated out of institutional memory of near-bankruptcy in the 1990s. Cook reversed Jobs’ stance […]<br /> This story continues at The Next Web [...]
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Engadget Podcast: Tim Cook’s Apple era and what lies ahead for John Ternus
The Apple rumors were true, once again. This week, the company announced that Tim Cook will be stepping down from his CEO role on September 1. Replacing him will be John Ternus, who currently serves a [...]
Tim Cook is stepping down as Apple CEO after nearly 15 years, with hardware chief John Ternus taking over
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Apple is reportedly getting ready to replace Tim Cook as early as next year
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The Morning After: The next CEO of Apple will be hardware exec John Ternus
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Apple gave Tim Cook a farewell party a week before Ternus takes over
Apple gave Tim Cook a leaving party on Sunday, a week before he stops being its chief executive. About 200 people attended, almost all of them Apple employees, at the Caffè Macs cafeteria on the comp [...]
John Ternus built Apple’s hardware for 24 years and now he has to figure out AI
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