Tim Cook gives employees three reasons he chose now to step down as Apple CEO

Tim Cook is stepping down as Apple CEO after 15 years, deeming it the ‘textbook succession’ he envisioned. He cited a thriving business, a robust product pipeline including a foldable iPhone and AI wearables, and hardware chief John Ternus’s readiness as key factors. Ternus, set to take over, expressed excitement about Apple ‘changing the world once again’ with AI.