Tim Cook Steps Aside – What's Next for Apple

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4.3 • 3.1K Ratings

🗓️ 21 April 2026

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

It wasn't a complete surprise, but Apple (NASDAQ: AAPL) CEO Tim Cook is stepping aside and the company's current head of hardware, Jon Ternus, will be taking the helm in September. In this episode, the team discuss Cook's legacy, the biggest challenges and opportunities for the new leader, and more. Tyler Crowe, Matt Frankel, and Jon Quast discuss: - Tim Cook and his accomplishments at Apple - Apple's new CEO and what his biggest challenges are - Whether the S&P 500 will include SpaceX after it goes public - AST Spacemobil and its opportunities Companies discussed: AAPL, ASTS, RKLB Host: Tyler Crowe Guests: Matt Frankel, Jon Quast Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Apple's about to get new leadership.
0:07.0	This is Motley Fool Money.
0:09.0	Welcome to Motley Fool Money.
0:11.0	Welcome to Motley Full Money. I'm Tyler Crow, and today I'm joined by longtime full
0:24.8	contributors, Matt Frankel, and Lou Whiteman. We've been asking for questions from listeners
0:29.3	all along. And first, thanks to everyone's been sitting. We love it and we're getting a ton of
0:33.6	them. So we're going to actually tackle a couple of mailbag questions today related to the
0:37.5	SpaceX IPO and our thoughts on AST Space Mobile. But first, we want to discuss the big news
0:43.4	that came out yesterday, and that's Tim Cook is stepping down. Yesterday, Apple announced a transition
0:48.4	plan where Cook will become the executive chairman of Apple and John Turnus, who was the head
0:53.8	of engineering or hardware,
0:56.2	will take over for the CEO role starting in September. Now, I'm not going to say this came
1:01.0	completely out of the blue. Cook had been the CEO for close to 16 years, and he was in operating
1:06.2	roles at the company since the dot-com days. And there were some breadcrumbs that Ternus would be the next thing
1:11.4	line. You know, for a company that seems like a rock of stability, it had quite a few
1:15.4	retirements and transitions in the C-suite over the past year. And less than a month ago,
1:20.7	there was a long Bloomberg article published that was talking about Ternus being the air apparent.
1:26.6	Now, we're not eulogizing Cook here,
1:29.0	but as we kind of think about Apple under Tim Cook's leadership, what do you see as his lasting
1:35.1	legacy, Lou? Stability. He kept the plan on course. Simple as that. Yeah, I mean, aside from
1:42.3	the stock price performance, which I'm sure we'll talk about more in a little bit, in a little bit, he had some pretty decent achievements. And I think he'll be remembered as a highly effective CEO. I mean, just looking at what he accomplished. I mean, Apple's profits are up about 700% since he took over. And he's known for stability, like Lou said. He took the existing products,
2:05.5	the iPhone, the iPad that were successes before he took over, and they're still successful.
	...

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