FILE - APRIL 20, 2026: It was reported that John Ternus, a senior vice president of hardware engineering at Apple, is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1 of this year, April 20, 2026. SAN FRANCISCO, CA - SEPTEMBER 9: Apple CEO Tim Cook waves as he arrives on stage during an Apple Special Event on at Bill Graham Civic Auditorium September 9, 2015 in San Francisco, California. Apple Inc is expected to unveil latest iterations of its smart phone, forecasted to be the 6S and 6S Plus. The tech giant is also rumored to be planning to announce an update to its Apple TV set-top box. (Photo by Stephen Lam/ Getty Images)