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Tim Cook wants to introduce another major product category

Milan Jovicic by Milan Jovicic
August 29, 2021 - 7:58 PM CEST
in Apple Rumors
0
Tim Cook retirement

Image: Apple

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In recent years, there has been considerable speculation about who will succeed Tim Cook as Apple CEO. Cook himself recently confirmed that he will "probably" no longer be at Apple in 10 years.

In the latest Output In his "Power On" newsletter, Mark Gurman speculates about the future of Apple's CEO position, writing that many at Apple believe Cook wants to introduce "one more major new product category" before stepping down as Apple CEO. According to Gurman, Cook's focus will be on Apple's augmented reality glasses. Apple's hardware AR/VR efforts will likely be Cook's last major product category:

Tim Cook could retire between 2025 and 2028

At Apple, Cook is believed to want to stick around for another big new product category, which will likely be augmented reality glasses rather than a car - something even further in the future. He also knows that running a company in Silicon Valley is typically a young person's game, so he won't stick around long past his prime.

Gurman also confirmed that Apple is planning a mixed reality headset for 2022, with AR glasses also in development for release sometime in the middle of this decade. Gurman believes Cook will likely retire sometime between 2025 and 2028, as he also has a special contract that expires in 2025. Bloomberg already described Apple's increasing focus on "succession planning" in a report last year. The report explained that Apple is committed to preparing the next generation of top executives. You can find out more about this below. (Image: Apple)

  • Apple CEO: Cook's successor could already be decided
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Milan Jovicic

Milan Jovicic

Milan founded Apfelpatient in 2016 and has been responsible for all editorial content since 2018 – news, rumors, how-to guides and product reviews. Here, Apple devices aren't review units kept for two weeks, they're everyday tools: from iPhone to MacBook Pro, MacBook Air and iMac all the way to Apple Vision Pro, at least one device from every product category is in daily use, many of them replaced every year. Every menu path in a guide is checked on the device before it goes live.

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