With Tim Cook's Era Ending, Is Apple Stock a Buy Under John Ternus?

Tim Cook's 15-year tenure as Apple CEO generated a 2,300% stock return, but the company struggled to keep pace in AI, partnering with Google instead. Incoming CEO John Ternus faces the challenge of establishing Apple's tech leadership in a new area. With Apple's market cap already at $4.6 trillion and a P/E ratio of 36, investors should treat the stock as a hold until Ternus demonstrates a clear path forward.