Hey there, Cupertino! Let's get started with what's happening in and around town. Read on and stay in the loop. ☀️
In today's newsletter:
Also on today's calendar: Swing and Sing in Spring! A free community concert and 9 more events.
Today's riddle: Why do cows have hooves and not feet? 🤔 (Answer below!)
Weather forecast:
1. Alabama native Tim Cook to step down as CEO of Apple (waka.com) — From Apple’s base in Cupertino, Tim Cook is officially stepping down as CEO after more than a decade leading the company’s explosive growth. Alabama native Cook will shift to Executive Chairman while hardware chief John Ternus becomes CEO in September, keeping Apple’s leadership transition closely tied to its Cupertino headquarters.
2. Apple Under Tim Cook: 20x jump in market cap, quadruple sales and more (cnbctv18.com) — Apple’s longtime CEO Tim Cook is stepping down September 1, handing leadership to hardware chief John Ternus, who has led engineering at the Cupertino-based company since 2021. Under Cook, Apple’s sales nearly quadrupled and its market value jumped about 20-fold, even as some big bets like the Vision Pro headset and self-driving car project fell short.
3. Who is John Ternus? Meet the Hardware Veteran Set to Lead Apple's $4 Trillion Empire (nbcpalmsprings.com) — Apple’s leadership shakeup is unfolding right in Cupertino, where Tim Cook will step down as CEO and longtime hardware chief John Ternus will take over on September 1, 2026. The move signals a continued focus on cutting‑edge devices, AI integration, and navigating global regulators, all centered at Apple’s massive local campus.
4. Tim Cook will step down as Apple CEO and hand reins over to the iPhone maker's hardware leader (sentinelcolorado.com) — Apple’s CEO transition will directly affect its massive Cupertino campus, as Tim Cook steps down September 1 and hardware chief John Ternus takes over while Cook becomes executive chairman. The piece looks at Cook’s 15-year run, Apple’s $4 trillion valuation, and the company’s challenges catching up in artificial intelligence after turning to Google to bolster Siri.
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Ok Cupertino! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!
-- The Patch AM Team
P.S. The answer to today's riddle: They lactose! (Thank you Courtney S. for sending it in!)Got a good riddle for PatchAM? Submit it here!
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