Tim Cook to step down in September; Ternus inherits Apple's AI deficit

Tim Cook announced he will vacate the CEO role in September, with hardware chief John Ternus widely tipped as successor. Wired argues Ternus's first job is shipping a 'killer AI product' — many WWDC 2024 Siri features remain unshipped. Perplexity CEO Aravind Srinivas counters that the iPhone could become a 'digital passport' for AI, giving Apple a structural distribution edge.