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On his last day as Apple CEO, Tim Cook sends memo to employees

Tim Cook has sent his final memo to Apple employees on his last day as CEO, telling staff he is not leaving Apple but stepping away from a role he loved. John Ternus takes over as Apple CEO on September 1, while Cook becomes executive chairman. Read Tim Cook’s full memo, his praise for Ternus, and what the handover means for Apple’s hardware-first next chapter.

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