Ternus Becomes Apple CEO as AAPL Declines on Leadership Shift
John Ternus starts as Apple CEO, replacing Tim Cook, as AAPL stock drops 0.89%. Phil Schiller steps back from App Store duties.
01/09/2026 04:129 min read
John Ternus starts as Apple CEO, replacing Tim Cook, as AAPL stock drops 0.89%. Phil Schiller steps back from App Store duties.
John Ternus takes over as Apple CEO on Sept. 1; past tech handoffs show first-year returns from -38% to +76%. AAPL closed near $320.