Apple has announced a significant leadership change this week as Tim Cook stepped down from his role as CEO, according to TechCrunch. The company’s former hardware chief, John Ternus, has taken over the top position, marking a new chapter for the tech giant.

Despite stepping down as CEO, Tim Cook will remain involved with Apple as Executive Chairman, ensuring continuity during the transition. Meanwhile, John Ternus has already promised a "huge launch next week," signaling potential exciting developments ahead for Apple.

This leadership shift comes at a time when Japanese investors and markets closely watch Apple’s strategic moves, given the company’s influence on global tech equities and supply chains linked to Japan.