While the report said that Apple is unlikely to name a new CEO before its next earnings report in late January, it went on to explain that an announcement early in the year would allow for a smooth leadership transition, ahead of Apple's annual developers conference WWDC in June and iPhone event in September.
However, Bloomberg's Mark Gurman said he would be "shocked" if Cook steps down between late January and June next year.
"Based on everything I've learned in recent weeks, I don't believe a departure by the middle of next year is likely," said Gurman, in his Power On newsletter today. "In fact, I would be shocked if Cook steps down in the time frame outlined by the FT."
There have been "few signs internally" that Cook is about to step down, he added.
Gurman described the Financial Times report as "premature" and "simply false."
Apple's Senior Vice President of Hardware Engineering, John Ternus, is widely viewed as Cook's most likely successor whenever the time comes.
Cook, who turned 65 this year, has been Apple's CEO since August 2011.
Apple has unveiled a whopping nine new products so far this March, including an iPhone 17e, iPad Air models with the M4 chip, MacBook Air models with the M5 chip, MacBook Pro models with M5 Pro and M5 Max chips, the all-new MacBook Neo, an updated Studio Display, a higher-end Studio Display XDR, AirPods Max 2, and now the Nike Powerbeats Pro 2.
iPhone 17e features the same overall design as...
Apple has unveiled nine new products this month, but the wait continues for the next-generation Apple TV 4K and HomePod mini models.
In his Power On newsletter today, Bloomberg's Mark Gurman said new versions of the Apple TV and HomePod mini have been "ready" since last year, but he reiterated that Apple has held off on releasing them until the more personalized version of Siri and other...
iOS 26.4 was released today, and it includes a couple of new features for CarPlay: an Ambient Music widget and support for voice-based chatbot apps.
To update your iPhone 11 or newer to iOS 26.4, open the Settings app and tap on General → Software Update. CarPlay will automatically offer the new features so long as the iPhone connected to your vehicle is running iOS 26.4 or later....
Apple has thrived under Tim Cook's leadership, an incredible track record of profitability and growth, averaging 18% annual market cap growth since 2011 when he took on the role. First $1 trillion dollar market cap company, first $3 trillion market cap... I wonder how the market will react when he eventually steps down? And how Macrumors will react :D:D ??
Apple has thrived under Tim Cook's leadership, an incredible track record of profitability and growth, averaging 18% annual market cap growth since 2011 when he took on the role. First $1 trillion dollar market cap company, first $3 trillion market cap... I wonder how the market will react when he eventually steps down? And how Macrumors will react :D:D ??
Yeah, Cook’s track record is insane, 18% annual market-cap growth, first $1T company, first $3T company. No question he’s one of the best operators in business history, and when he steps down the market (and MacRumors) will absolutely lose its mind. But the real question is what has Tim Cook actually done for Apple from an innovation standpoint?
Yes, he oversaw AirPods which basically created the entire true-wireless category and became a massive cultural hit. Huge win. But beyond that, where’s the next iPhone-level product? The next paradigm shift?
Financially he’s crushed it. Operationally he’s unmatched, but in terms of meaningful, era-defining innovation, what’s the big one under Cook?
