Breaking: Crypto Holder Tim Cook Resigns as Apple CEO - U.Today

Apple has announced today that Tim Cook will step down from his role as CEO to become Executive Chairman of the board, starting from Sept. 1

John Ternus, Apple’s current Senior Vice President of Hardware Engineering, has been named as his successor.

Tim Cook oversaw Apple’s rise from a $350 billion valuation in 2011 to a staggering $4 trillion powerhouse, turning the company into a juggernaut.

As reported by U.Today, Cook confirmed that he personally held crypto back in 2021, calling it “reasonable” to own digital assets for diversification purposes

However, Apple itself never integrated a native crypto wallet or launched its own coin under its leadership.

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