Tim Cook Ends 15-Year Apple CEO Tenure; John Ternus Takes Over

This is a rare leadership transition at one of the world's most valuable companies, shifting focus from a supply-chain and operations era to a hardware-centric one. Ternus's background suggests continuity in product execution, but the stated challenge of AI strategy marks a potential inflection point for Apple's services and ecosystem growth. The immediate test is whether the upcoming product event signals a coherent AI direction or incremental updates. For the broader RWA and crypto markets, Apple's tech strategy often influences consumer hardware and developer ecosystems, but the direct impact here is indirect and likely secondary to its core business lines.