Tim Cook Steps Down as Apple CEO After 15-Year Tenure

Tim Cook officially stepped down as Apple CEO on August 31, 2026, concluding a transformative era that saw the company's market valuation soar from $350 billion to $4 trillion.

Under Cook's leadership, Apple diversified into services and wearables, with the company now preparing for a major management overhaul under its new successor.

Investors are closely watching the transition as Apple faces increased competition in the AI sector and pressure to maintain its record-breaking growth trajectory.