Is John Ternus the Next Apple CEO?
Synopsis
Key Takeaways
- John Ternus is a strong candidate to succeed Tim Cook as CEO of Apple.
- Apple's board is focused on a smooth leadership transition.
- Tim Cook has led Apple for 14 years, increasing its market value significantly.
- Apple anticipates strong year-end sales, especially for the iPhone.
- Apple achieved record shipments in India in Q3 2025.
New Delhi, Nov 15 (NationPress) Senior Vice-President of hardware engineering at Apple, John Ternus, is considered a prime candidate for the position of Chief Executive Officer, as Tim Cook prepares to step down in early 2026, according to a recent report. The Apple board and senior executives have intensified their succession strategies, aiming for a seamless transition in leadership following Cook's 14 years of guidance at the $4 trillion tech giant.
The Financial Times report indicates that while no final decision has been reached, Ternus would bring a hardware-centric focus to the role, aligning with Apple's ambitions to diversify into new product lines and remain competitive with Silicon Valley peers in the realm of artificial intelligence.
This potential leadership change is not linked to Apple’s current performance, as the company anticipates a robust year-end sales surge, particularly for the iPhone. The report suggests that a new CEO is unlikely to be named before the earnings announcement slated for late January, allowing the new leader to acclimate before significant events like the Worldwide Developers Conference in June and the anticipated iPhone launch in September.
Tim Cook, who celebrated his 65th birthday this month, took the helm of Apple in 2011 following the death of co-founder Steve Jobs. Under his stewardship, the company's market capitalization skyrocketed from around $350 billion to an impressive $4 trillion.
Recently, Apple’s stock has approached record highs, boasting a 12% annual increase following strong quarterly results. However, its gains have been outpaced by US rivals such as Alphabet, Nvidia, and Microsoft, which have surged amid heightened investor interest in artificial intelligence.
In the third quarter of 2025, Apple achieved its highest-ever quarterly shipments in India, reaching 5 million units and marking its first time in the fourth position in the market.