Tim Cook Steps Down as Apple's CEO; Company's Market Cap Surpasses $4 Trillion
Apple's CEO Tim Cook is stepping down from his role, effective September 1, 2026, and will transition to executive chairman. Under his leadership, Apple's market capitalization has grown from $350 billion to over $4 trillion, with revenue quadrupling from $108 billion in 2011 to $416 billion in 2025. Cook's tenure has seen significant product launches and strategic shifts, including the transition to custom silicon.
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Topics: Apple CEO Change Corporate Leadership Market Capitalization Tim Cook