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Tim Cook is stepping down as Apple CEO after nearly 15 years.
Apple’s market value grew sharply during Cook’s tenure, alongside services growth, share buybacks, and ecosystem expansion.
John Ternus is expected to lead the company next, while Cook moves into an executive chairman role in some coverage.
The company is facing pressure around its artificial intelligence strategy and broader regulatory scrutiny.
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Some reporting also points to strong fundamentals, but notes possible stock volatility and other operational challenges.