In his latest Truth Social rant on Tuesday, April 21, President Donald Trump claimed that departing Apple CEO Tim Cook once called him during his first term to "kiss my a--. ” The remark was part of a tribute following Apple's announcement that Cook would step down as CEO in September 2026 to become executive chairman as longtime employee John Ternus succeeds him.

Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar by more than $3.6 trillion during an iPhone-fueled era of prosperity.

Tech executives from Amazon, Apple, Google and Meta have dined with Trump and donated millions to his inauguration fund and the White House ballroom.

Apple Inc. is entering a new era as longtime chief Tim Cook prepares to hand the reins to hardware chief John Ternus amid rising pressure to deliver on artificial intelligence. Analysts See Stability — But Rising AI Pressure Deepwater Asset Management's managing partner Gene Munster described the transition as expected rather than disruptive,

Now that Tim Cook is shedding the yoke of running Apple Inc., he can devote more time to an increasingly crucial role: acting as the company’s global ambassador.

Tim Cook’s tenure as Apple CEO ends September 1 when he takes the role of executive chair. He will be replaced by John Ternus, a 25-year Apple veteran and head of its hardware engineering division. I

Cook made his own mark early on in his role as operations leader by cutting Apple’s key suppliers from 100 to 24, and negotiating to get better deals for the company. He also closed warehouses to cut down on inventory stockpiles that were costing the company money.