Apple has revealed that its current CEO, Tim Cook, will step down from his position on September 1, with John Ternus, the Senior Vice President of Hardware Engineering, set to assume the helm. Cook will then take on the role of Executive Chairman of the Board, where he will continue to engage in communications with global policymakers and oversee other significant matters. Ternus brings 25 years of expertise in hardware engineering to his new role, having overseen product lines such as Mac, iPad, AirPods, and iPhone. His immediate priorities upon taking office include hosting the autumn new product launch event on September 9, unveiling innovations such as the first foldable iPhone and smart displays, and supervising the development of further product lines, including AirPods equipped with cameras and smart glasses. These devices are pivotal for Apple's advancement in the age of artificial intelligence. On the cusp of this transition, Cook penned a farewell letter to employees, expressing his profound affection for the company and his enthusiasm for what lies ahead.