{"id":207211,"date":"2025-11-29T23:21:15","date_gmt":"2025-11-29T23:21:15","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/207211\/"},"modified":"2025-11-29T23:21:15","modified_gmt":"2025-11-29T23:21:15","slug":"apple-braces-for-life-after-tim-cooks-3-6tn-tenure-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/207211\/","title":{"rendered":"Apple braces for life after Tim Cook\u2019s $3.6tn tenure \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">There\u2019s been much speculation lately that <a href=\"https:\/\/www.irishtimes.com\/tags\/apple\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/apple\/\">Apple<\/a> chief <a href=\"https:\/\/www.irishtimes.com\/tags\/tim-cook\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/tim-cook\/\">Tim Cook<\/a>, now 65, will step down next year.<\/p>\n<p class=\"c-paragraph paywall \">Cook would be hard to replace, boasting a record that is mathematically intimidating. In the 14 years since he took over from Steve Jobs, Cook has helped add roughly $3.6 trillion (\u20ac3.1 trillion) to Apple\u2019s market value. That\u2019s the equivalent of $8,189 a second, $29.48 million an hour, over $707 million a day, or $21.58 billion a month, notes Ritholtz Wealth Management.<\/p>\n<p class=\"c-paragraph paywall \">Few corporate records come close, and the scale of Cook\u2019s achievement makes Apple\u2019s succession process a delicate one. Apple likes to keep things in house and the favourite, hardware chief John Ternus, fits the firm\u2019s instincts.<\/p>\n<p class=\"c-paragraph paywall \">If so, shareholders can take some comfort: recent Yale research suggests corporate insiders consistently fare better than outsiders in the top job. They know the culture, the pitfalls and the politics.<\/p>\n<p class=\"c-paragraph paywall \">However, separate research notes a snag: insiders who follow long-running CEOs \u2013 those who spend a decade or more in the top job \u2013 usually struggle to match their predecessors\u2019 returns relative to the wider market.<\/p>\n<p class=\"c-paragraph paywall \">That aside, the challenges ahead are very different from the ones Cook mastered. The iPhone era is mature, AI is threatening to reshape the foundations of the industry, and rivals are experimenting with devices that might supplant the smartphone itself. Additionally, Apple isn\u2019t cheap \u2013 it trades on 33 times estimated earnings, compared to just 13 in 2011.<\/p>\n<p class=\"c-paragraph paywall \">That enormous valuation surge makes for a flattering comparison for Cook, and an unforgiving one for whoever follows him.<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/2025\/11\/17\/apple-intensifies-succession-planning-for-ceo-tim-cook\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Apple intensifies succession planning for CEO Tim CookOpens in new window<\/a>\u00a0]<\/p>\n","protected":false},"excerpt":{"rendered":"There\u2019s been much speculation lately that Apple chief Tim Cook, now 65, will step down next year. Cook&hellip;\n","protected":false},"author":2,"featured_media":207212,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[311,289,79,18,19,17,2841,310],"class_list":{"0":"post-207211","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-apple","9":"tag-artificial-intelligence","10":"tag-business","11":"tag-eire","12":"tag-ie","13":"tag-ireland","14":"tag-steve-jobs","15":"tag-tim-cook"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115635557673400392","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/207211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=207211"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/207211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/207212"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=207211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=207211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=207211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}