"The best job in the world": Read Tim Cook's last message as Apple CEO

Tim Cook is set to conclude his role as CEO of Apple, marking the end of a nearly 15-year period that saw the tech giant evolve from a $350 billion entity to a $4 trillion powerhouse. Effective September 1, Cook will transition to the position of executive chairman, while John Ternus, the head of hardware engineering, will take over as CEO. Cook's leadership journey began in August 2011 under challenging circumstances, as he succeeded the late Steve Jobs, who passed away shortly after officially appointing him. Under Cook's guidance, Apple's revenue skyrocketed from $108 billion in FY2011 to over $416 billion in FY2025. He was instrumental in launching notable products such as the Apple Watch and AirPods, and played a key role in expanding the company's services division, which now generates upwards of $100 billion annually. John Ternus, a seasoned Apple employee with 25 years of experience, has steadily climbed the ranks, moving from product design to head of hardware engineering in 2021. Upon his ascension to the CEO role, he will also join Apple's board of directors. In his heartfelt farewell message to employees and customers, Cook reflected on the privilege of his position, declaring it "the best job in the world." He shared that for the past 15 years, his mornings began with reading emails from Apple users, who shared personal stories about how Apple products have influenced their lives. These interactions deepened his sense of obligation and gratitude for being at the helm of a company that inspires creativity and enhances lives. As he prepares for this next chapter, Cook emphasized his confidence in Ternus, praising his dedication and integrity. "He is the perfect person for the job," Cook stated, expressing optimism about the future under Ternus's leadership. In closing, Cook extended his gratitude to the Apple community, acknowledging the support he has received throughout his tenure. "Thank you for your confidence and kindness," he expressed, highlighting the joy he found in leading a company committed to improving customer experiences. This marks a significant transition for Apple, as it moves forward with new leadership poised to continue its legacy of innovation and excellence.