Apple Soars 3% on CEO Transition Day, New CEO Ternus Teases Unprecedented Product Launch Next Week

BlockBeats News, September 2nd, according to the BIT(bit.com) market data, Apple (AAPL) surged 3% on the first day of the CEO transition, closing up 2.61%. The new CEO, John Ternus, stated in his first letter to all employees, "Next week, we have a major launch that will be extraordinary. I am equally excited about the future beyond this, including amazing products in the pipeline and those we have yet to imagine but will collaborate to create in the future."

On September 1, 2026, Tim Cook stepped down as Apple's CEO, and John Ternus, head of hardware engineering, took over. Cook transitioned to the role of Executive Chairman and did not leave Apple.