John Ternus set to succeed Tim Cook as Apple CEO

Apple's new CEO John Ternus is reported to take the helm on Tuesday, ending Tim Cook's 15-year tenure atop the tech giant. Under Cook, Apple's value soared to roughly $4.6 trillion, driven largely by the iPhone's enduring popularity. The handoff comes at a critical juncture, as reports note Apple has struggled to keep pace in the artificial intelligence race that has upended the industry since the first iPhone debuted in 2007. Despite promising new AI-driven features nearly two years ago, Apple has reportedly stumbled in delivering on that vision. Ternus inherits a company still dominant in market value but facing mounting pressure to prove it can compete with rivals aggressively pushing AI innovation.