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Tim Cook’s parting message: Apple is in the hands of a product builder

Reported by TechCrunch · techcrunch.com · August 31, 2026

Tim Cook’s farewell memo to Apple employees offers a glimpse at how he wants John Ternus to be seen: as a product builder with deep experience across the iPhone, Mac, AirPods, and other major hardware lines.

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What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.

Market reaction today: $AAPL -2.51%

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