00:00Apple has tapped hardware chief John Turnus as its next CEO after Tim Cook announced plans to leave the role.
00:06Turnus joined Apple in 2001 and helped develop several of the company's landmark products.
00:12He is expected to focus on improving Apple's lagging AI development.
00:16He takes over from Cook on September 1st.
00:19Apple's market value rose by US$3.6 trillion under Cook's 15-year tenure, and he will stay on as
00:25executive chair.
00:26The announcement comes ahead of the release of the iPhone maker's first quarter earnings next week.
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