Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar by more than $3.6 trillion during an iPhone-fueled era of prosperity.

Memory chips may not grab headlines the way AI models or iPhone launches do, but they sit at the center of both. As demand from data centers, smartphones, and other devices keeps building, pricing power in the memory market can shift quickly,

Apple CEO Tim Cook is making the rounds in Washington D.C. this week, just days after Apple announced its CEO transition plan. This fall, John Ternus will become Apple CEO with Cook remaining active as Executive Chairman of the Board.

Apple (NASDAQ: AAPL) is rewriting its own playbook in the closing chapter of the Tim Cook era. The company just delivered a record March quarter, authorized a fresh $100 billion buyback, and on the earnings call confirmed a leadership transition that places John Ternus into the CEO seat effective September 1,

Warren Buffett unexpectedly thanked Tim Cook for making his Apple investment such a huge success during Berkshire's shareholder meeting on Saturday.