Tim Cook could step down as Apple CEO ‘as soon as next year’

The Financial Times reports that Apple has stepped up its preparations for the handover of the CEO role from Tim Cook. Here are the details.

Apple steps up Tim Cook’s succession efforts

According to the FT’s sources, Apple’s board and senior executives have “recently intensified” the company’s succession planning for its top role.

The FT adds that although Apple’s Senior VP of Hardware Engineering, John Ternus, is the most likely to take the reins of the company,…