Apple CEO Tim Cook is likely to step down from his position next year, and the company has intensified its plans to find a replacement, the Financial Times reports, citing sources familiar with the development.
Tim Cook has been at the helm of the company since 2011, taking over from co-founder Steve Jobs. Under his leadership, Apple’s market cap has seen a meteoric rise, going from $350 billion in 2011 to a little over $4 trillion this year.
While the reason for Cook’s potential…