After 15 years astatine nan helm, Tim Cook is stepping down arsenic CEO of Apple and handing complete nan reins to nan company’s elder vice president of hardware engineering, John Ternus. Cook, who joined Apple successful 1998, succeeded Steve Jobs successful 2011 and went connected to toggle shape Apple into a powerhouse worthy $4 trillion.
With his clip arsenic CEO coming to an extremity connected September 1, let’s return a look astatine immoderate of nan highlights of Cook’s 15 years arsenic nan leader of 1 of nan astir influential companies successful nan world.
Financial growth
Apple was already an influential institution erstwhile Cook took nan reins, but nether his leadership, nan company’s marketplace capitalization accrued tenfold. When Cook took complete successful August 2011, Apple was weighted astatine conscionable nether $350 billion. The institution passed $1 trillion successful 2018, $2 trillion successful 2020, $3 trillion successful 2022, and $4 trillion successful 2025. Now, nan tech elephantine presently sits astatine $4.01 trillion.
The tech elephantine reported $112 cardinal successful nett income for nan fiscal twelvemonth ending successful September 2025, which was 8 times what Apple saw successful September 2010. The institution was capable to execute that 699% summation contempt galore issues, including nan COVID-19 pandemic and geopolitical tensions betwixt nan U.S. and China. Cook, who was formerly main operations serviceman and credited arsenic nan brains down Apple’s world proviso concatenation nether Steve Jobs, expanded Apple’s scope successful China and added roughly 200 stores to nan company’s world web during his tenure arsenic CEO.
New merchandise categories
Image Credits:Justin Sullivan / Getty ImagesCook expanded Apple’s iPhone and computers ecosystem into a broader web of complementary devices that includes wearables and gadgets.
Apple launched nan Apple Watch successful 2015 and has since turned it into a full-fledged wellness and fittingness companion complete pinch humor oxygen search and ECG monitoring. Apple past disrupted nan earphones marketplace successful 2016 pinch nan motorboat of nan first AirPods, changing nan wireless headphones category. It past launched its first over-the-ear headphones successful 2020. It’s besides worthy noting that Apple purchased Beats successful 2014.
The tech elephantine besides released nan Apple Vision Pro successful 2024, positioning it not conscionable arsenic a VR headset, but arsenic a spatial computing platform. The launch, however, grounded to resonate pinch consumers who didn’t want to walk respective 1000 dollars to acquisition nan gadget.
Techcrunch event
San Francisco, CA | October 13-15, 2026
Under Cook, nan institution besides released iPads astatine various sizes and aggregate value points, and fundamentally turned nan devices into full-on computers that tin grip a assortment of different tasks for personal, work, and schoolhouse use.
Of course, Cook besides oversaw cardinal changes to nan iPhone, including nan preamble of nan much affordable iPhone SE, arsenic good arsenic advancements for illustration Face ID and edge-to-edge displays.
Although Apple moved distant from nan “i” branding successful caller merchandise releases nether Cook, he oversaw nan awesome description of nan company’s merchandise lineup.
Services description
Image Credits:Jakub Porzycki/NurPhoto / Getty ImagesUnder Cook, Apple built a powerful services business. The tech elephantine launched Apple Pay successful 2014, which is now utilized by an estimated 818 million group globally. In 2019, nan tech elephantine launched its Apple TV+ (now Apple TV) streaming service, whose contented has since earned hundreds of awards, including nan Academy Award for Best Picture.
Apple launched its Apple Music streaming work successful 2015 to return connected Spotify, and nan work now has complete 112 cardinal subscribers. In 2019, Apple launched Apple Arcade and has since built it retired pinch a portfolio of premium games.
Although Jobs first announced iCloud successful 2011, nan retention work has since grown vastly nether Cook, including nan motorboat of iCloud+ successful 2021. Additionally, Cook oversaw nan improvement of nan App Store and many times defended its 30% committee structure.
Apple’s services business generated $109.16 cardinal successful gross during nan fiscal twelvemonth ending successful September 2025. The conception accounted for a important information of nan company’s full $416.16 cardinal gross for nan year.
Shift to in-house processors
Image Credits:Harun Ozalp/Anadolu / Getty ImagesUnder Cook’s leadership, Apple began transitioning from Intel processors to its ain Apple Silicon chips successful 2020 and completed nan displacement crossed its Mac lineup by 2023. The consequence was longer artillery life, higher performance, greater powerfulness efficiency, and more.
AI era
Image Credits:Hakan Nural/Anadolu / Getty ImagesApple entered its AI era successful 2024 pinch nan motorboat of Apple Intelligence. Since then, however, nan institution hasn’t had immoderate awesome breakthroughs, and has faced important delays successful launching its anticipated revamped AI-powered Siri (it’s expected to rotation retired sometime this year).
The tech elephantine remained mostly absent from nan broader tech industry’s generative AI title that kicked disconnected erstwhile OpenAI’s ChatGPT launched successful 2022. Earlier this year, Apple and Google announced that Google’s Gemini would power its next-generation AI tools.
$600 cardinal U.S. spending commitment
Image Credits:Win McName / Getty ImagesCook joined President Donald Trump past twelvemonth to denote a $600 cardinal U.S. spending commitment, marking nan tech giant’s biggest finance scheme ever. The four-year scheme includes expanding hiring and manufacturing activity successful nan country, pinch a attraction connected building a stronger home semiconductor and precocious exertion proviso chain.
Apple Park
Image Credits:Kirby Lee / Getty ImagesJobs’ imagination for Apple Park came to life nether Cook’s activity successful 2017. The 175-acre headquarters, which replaced Apple Campus, houses much than 12,000 employees. It features thousands of autochthonal and drought-resistant trees and is powered by 100% renewable energy.
Today, Apple Park is nan backdrop of nan company’s caller merchandise launches.
When you acquisition done links successful our articles, we whitethorn gain a mini commission. This doesn’t impact our editorial independence.
5 hours ago
English (US) ·
Indonesian (ID) ·