(FILES) This handout released and taken on November 10, 2020 by Apple inc. shows Apple's vice president of Hardware Engineering John Ternus unveiling M1, the first chip designed specifically for the Mac during a special event at Apple Park in Cupertino, California. Apple announced on April 20, 2026 that CEO Tim Cook would step down in September, handing the chief executive job to company veteran John Ternus. (Photo by Handout / Apple Inc. / AFP via Getty Images) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO /Apple Inc. " - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS