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5 ways Tim Cook remade Apple

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Why This Matters

Tim Cook's leadership has significantly transformed Apple, expanding its focus from hardware to services and silicon, which has positioned the company for sustained growth and innovation. His strategic vision has reshaped Apple's global influence and operational approach, making this leadership transition a pivotal moment for the tech industry. Understanding these changes highlights how leadership shifts can impact innovation and market direction.

Key Takeaways

From services to silicon to China, how Apple’s most methodical CEO reshaped the company after Steve Jobs. Tim Cook will be stepping down as chief executive of Apple and transitioning to a new role as executive chairman in September, the technology company announced Monday. The leadership change, approved unanimously by the company’s board of directors, will take place over several months, Apple says. John Ternus, currently senior vice president of hardware, will be the company’s next CEO.