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Apple introduced the original iPhone in January 2007 and began sales that June, initially as a $499/$599 AT&T-exclusive 2G phone; it reached one million sales in 74 days and one billion cumulative units in 2016. Successive generations added the App Store and 3G, Retina displays and Apple chips, LTE and Lightning, Touch ID and then Face ID, larger screens, advanced cameras, 5G, satellite emergency features, USB-C and hardware positioned for Apple Intelligence.
Apple CEO Succession: How Tim Cook Handed Apple to John Ternus
Apple’s modern succession structure began when the board appointed Tim Cook CEO after Steve Jobs resigned in August 2011, with Arthur Levinson becoming non-executive chairman later that year. John Ternus rose from Hardware Engineering to Apple’s executive team in 2021, while Apple cycled through planned leadership changes in finance, operations, AI, legal, policy, and design during 2024–26.