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    "headline": "Apple CEO Tim Cook steps down, John Ternus takes helm in AI era",
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    "prose": "John Ternus, currently Apple's hardware chief, will succeed Tim Cook as the new CEO. [^1]\n\nTim Cook will step down as Apple's CEO on September 1, 2026, and will transition to the role of executive chairman. [^2]\n\nJohn Ternus, previously the head of Apple's hardware business, will assume the CEO position. [^3]\n\nTim Cook stepped down as CEO of Apple on 2026-07-11 after 15 years in the role, handing over leadership to John Ternus. [^4]\n\nApple's annual sales rose from US$108 billion at the start of Cook's tenure to US$416 billion in the last fiscal year. [^5]\n\nApple's profit grew more than fourfold to US$112 billion during Cook's tenure. [^6]\n\nTim Cook will transition to the role of Executive Chairman, where he will manage Apple's relationships with politicians and regulators. [^7]",
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