India, Nov. 15 -- Tim Cook is rumoured to step down as Apple CEO very soon. The company has reportedly started looking for potential successors for the top role, and the handover is in process. However, Tim Cook's exit may not be that far, as the Financial Times report suggests that it could happen "as soon as next year". Therefore, we could expect an announcement surrounding the new top role, and who will replace Tim Cook's long reign at Apple by 2026.

The report further highlighted that Apple's Senior VP of Hardware Engineering, John Ternus, could become the next Apple CEO. However, no confirmation has been given as the final decision is yet to be made. The reason for the big change was listed, but it was highlighted that "People close...