Quick ReadAt a 40 P/E and $4.51 trillion market cap, AAPL needs Tim Cook's final WWDC keynote to prove Apple is ready for the AI era.Prediction markets give 96% odds to a Siri AI overhaul, with Dan Ives forecasting $15 billion in additional annual services revenue if Apple executes.

Apple said on Monday that John Ternus is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1. Ternus, a senior vice president of hardware engineering, will join Apple's board of directors when he becomes chief.

Tim Cook will be stepping down from Apple's CEO post in September. Tim Cook may not have had the same flash as Steve Jobs, but he wielded an unassuming superpower that helped grow Apple into a $4 trillion juggernaut. Cook first joined Apple (AAPL) in 1998 ...

Apple on Monday named John Ternus as its new chief executive officer, effective Sept. 1, and said that Tim Cook would take the role of executive chairman. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.

Cook told ABC's "GMA" that reports he was preparing to step aside were a rumor and said he “can’t imagine life without Apple.” His comments follow a turbulent stretch for Apple’s leadership team and renewed criticism that the company is falling ...

Apple marks a remarkable milestone this April 1 — 50 years since Steve Jobs, Steve Wozniak and Ronald Wayne founded the company in a California garage on that date in 1976. To commemorate it, Apple said Thursday it will plan a series of global celebrations.