Apple CEO Tim Cook may soon step down. Reports suggest that the company has started the process of selecting its next chief executive officer. Apple is expected to announce the name of its new CEO early next year. Here are the details you need to know.

Will Apple CEO Tim Cook step down?

According to a Financial Times report the 65-year-old Apple CEO Tim Cook may step down next year. The company has begun working on who will take over Apple’s leadership after Tim. But the reports states no final name of whom the Apple will consider as the next CEO. However, it is also said that the Apple’s Senior Vice President (Hardware Engineering) John Ternus is among those considered for the Apple’s top post. In fact he is also considered to the leading contender for the position too.

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