Are we approaching the end of the Tim Cook era for Apple?

According to Apple, Apple is getting serious about succession planning New report in the Financial Times.

The company’s board of directors and senior executives are reportedly preparing for the possibility of Tim Cook stepping down as CEO as soon as early next year. This will come after Apple’s earnings report in late January, giving the new leadership team time to settle into their roles before big Apple events like the Worldwide Developers Conference in June.

Cook, 65 years old, has been CEO of Apple since Steve Jobs resigned in 2011. He has now served as CEO For a longer period of functionality. Under his leadership, Apple grew from a market capitalization of $350 billion to $4 trillion, although the company seemed to… Struggle to find the right direction using artificial intelligence.

The Financial Times says no final decisions have been made about Cook’s successor or the timing of his departure. However, Apple’s senior vice president of hardware engineering, John Ternos, is seen as the most likely candidate for the company’s next CEO position.