Apple's John Ternus is reported as a leading candidate to succeed Tim Cook as CEO

The New York Times reports John Ternus, Apple's hardware engineering chief, is the leading internal candidate to replace Tim Cook; Cook has not announced a retirement date.

John Ternus, Apple's senior vice president of hardware engineering, is reported by The New York Times to be the leading candidate to replace CEO Tim Cook. Cook, 65, has not announced a retirement date, though some reports say he may step down by the end of 2026. Apple has reportedly stepped up its internal search for a new chief executive. The discussion has highlighted other senior executives as possible successors. Key points: - The New York Times reports Ternus, age 50, is reported as the leading candidate to succeed Tim Cook. - Cook has not set a retirement date; some reports suggest he might step down by the end of 2026. - Ternus has been at Apple since 2001 and is described as steady, collaborative, and knowledgeable about Apple's supply chain. - Other executives mentioned as possible candidates include Craig Federighi, Eddy Cue, and Deirdre O'Brien. - The article mentions analyst coverage of Apple stock, reporting a consensus 'Moderate' rating among 32 analysts. Summary: The coverage suggests a preference within Apple for an internal successor to preserve continuity in leadership. Undetermined at this time.