Apple’s John Ternus Era Begins:

Cook and Ternus each sent pretty anodyne company-wide memos about the transition. Cook’s tenure was the longest of any CEO in Apple’s history and he was the one who turned it from a successful company into a global behemoth.

The thing I have liked about Apple — one of the things that made me a longtime customer and someone who writes about the company — is that it has historically been a very simple kind of business: it designs products and sells them to people, mostly. Every one of its peers is a more complicated business. They often balance the needs of massive institutional and government customers, advertisers, or two-sided marketplaces.

Source: Pixel Envy