Tim Cook has officially confirmed that he will step down as Apple’s chief executive, bringing an end to his 15-year run at the helm of the company. He will transition into the role of executive chairman, while John Ternus is set to take over as CEO later this year. Cook shared the update through a detailed internal memo, outlining his decision and offering a glimpse into Apple’s next phase of leadership.

"For the past 15 years I've started just about every morning the same way," Cook wrote. "I open my email and I read notes I received the day before from Apple's users all over the world."

Cook, who will remain at Apple as executive chairman, wrote that hearing from customers all around the world gave him a feeling of "shared humanity." Like Apple cofounder Steve Jobs, Cook's email was publicly available.

"This is not goodbye," Cook said. "But at this moment of transition, I wanted to take the opportunity to say thank you."

He also used the opportunity to speak highly of his successor, Apple's hardware boss John Ternus, who he called "the perfect person for the job."

"A new person will be stepping into what I know in my heart is the best job in the world. That leader is John Ternus, a brilliant engineer and thinker who has spent the past 25 years building the Apple products our users love so much, obsessed with every detail, focused on every possible way we can make something better, bolder, more beautiful, and more meaningful," Tim Cook wrote.

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Tim Cook’s Letter To The Apple community

For the past 15 years I've started just about every morning the same way. I open my email and I read notes I received the day before from Apple's users all over the world.

You share little pieces of your lives with me and tell me things you want me to know about how Apple has touched you. About the moment your mom was saved by her Apple Watch. About the perfect selfie you captured at the summit of a mountain that seemed impossible to climb. You thank me for the ways Mac has changed what you can do at work and sometimes give me a hard time because something you care about isn't working like it should.

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