Apple Inc. Chief Executive Officer Tim Cook will hand the reins to hardware boss John Ternus later this year, capping a 15-year tenure that turned the company into a business worth $4 trillion. Under Cook’s leadership, the company expanded its ecosystem to include watches, video streaming, and financial services. The transition marks a significant shift for the tech giant as it concludes a record-setting era of growth and market diversification.

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Source · Bloomberg — Technology