Mark Gurman Says Tim Cook Likely To Remain As Apple CEO Through At Least Mid-2026

1 week ago 9

Bloomberg’s Mark Gurman has shared that Apple Inc. (NASDAQ:AAPL) CEO Tim Cook is apt to clasp his presumption until astatine slightest mid-2026, a assertion that contradicts earlier reports.

What Happened: The Financial Times had earlier reported this period that Apple was gearing up for Cook’s departure “as soon arsenic adjacent year.”

This study had triggered speculations astir a imaginable enactment modulation up of Apple’s yearly events.

However, Gurman, in his latest "Power On” report, refuted this claim. Gurman expressed that he would beryllium “shocked” if Cook were to step down betwixt precocious January and June adjacent year.

“Based connected everything I've learned successful caller weeks, I don't judge a departure by the mediate of adjacent twelvemonth is likely. In fact, I would beryllium shocked if Cook steps down successful the clip framework outlined by the FT,” Gurman wrote.

“Some radical person speculated that the communicative was a "test balloon" orchestrated by Apple oregon idiosyncratic adjacent to Cook to hole Wall Street for a change, but that isn't the lawsuit either. I judge the communicative was simply false,” helium added.

“Tim Cook won't beryllium CEO forever, but a study connected his imminent departure was premature. Apple Chief Executive Officer Tim Cook turned 65 this period and is 1 of the longest-tenured CEOs successful Silicon Valley. There volition beryllium a time erstwhile the institution announces a CEO transition, and we're acold person to the extremity of Cook's tenure than we are from the beginning,” helium further shared.

Also Read: Apple Announces Major Changes: New iPhone Models and Altered Release Schedule

Gurman besides noted that there have been “few signs internally” that Cook is readying to measurement down. He further mentioned that John Ternus,

Apple’s Senior Vice President of Hardware Engineering, is considered arsenic the astir apt successor to Cook whenever the modulation occurs.

Why It Matters: The speculation astir Cook’s departure had raised concerns astir the aboriginal enactment of Apple, a institution that has seen tremendous maturation nether Cook’s stewardship.

Gurman’s prediction, if accurate, would mean that Cook volition proceed to usher Apple’s strategical absorption for the adjacent fewer years, perchance starring to further maturation and innovation.

The notation of John Ternus arsenic a imaginable successor besides provides immoderate penetration into Apple’s succession planning, which is important for the company’s semipermanent stableness and success.