The Economic Times

Apple stock slips as Tim Cook steps down after 15 years, John Ternus takes charge as new CEO

Apple stock dipped slightly after Tim Cook announced he will step down as CEO and move to a new role. John Ternus will take over leadership at the company. Investors are watching how this change will impact Apples future growth, products, and AI plans. The company remains strong, but the leadership shift has created short-term uncertainty in the market.