/Apple%20logo%20-%20by%20Pexels%20via%20Pixabay.jpg)
Mega-cap tech stocks can look nearly untouchable for years, but even the biggest winners face moments of change that make investors reassess the story. Leadership transitions, slowing growth in key markets, and questions about innovation can all reshape the outlook for a once-unshakeable stock.
That is now the case for Apple (AAPL) after reports came out that CEO Tim Cook will step down on Sept. 1 and be replaced by Senior Vice President of Hardware Engineering John Ternus. Cook leaves behind an extraordinary legacy, with Apple’s revenue, earnings, and market value all surging during his tenure. Still, concerns have been building around the company’s pace in artificial intelligence (AI), its China exposure, and tariff pressures.