Reports Claim Apple CEO Tim Cook to Step Down; John Ternus Tipped as Successor

**Headline:**

Reports from an international news agency suggest that the Chief Executive Officer of Apple Inc., Tim Cook, has decided to step down from his position after nearly 15 years at the helm of the company.

According to the report, Apple’s hardware engineering chief John Ternus is expected to take over as the next CEO.

Tim Cook succeeded Apple co-founder Steve Jobs and has led the company through a period of significant growth, during which its market valuation reportedly increased to around $3.6 trillion.

The report has not yet been officially confirmed by Apple, and no formal announcement has been made by the company regarding a leadership transition.