Apple CEO Tim Cook tells Dua Lipa how long he’ll stay in the role | Fox Business
Former Apple CEO John Sculley discusses how Tim Cook can increase Apple’s market cap by $3 trillion and Tesla’s Cybertruck projections on “The Claman Countdown.”
Tim Cook recently spoke with pop singer Dua Lipa about his tenure at Apple and succession planning at the iPhone maker.
“I don’t know how long I’ll be here,” the CEO told Lipa on Friday about Apple. “I love this place and I can’t imagine my life without being there. So I’ll be there for a while.”
He made the comments while chatting with the “Dance The Night” singer on the latest episode of the “Dua Lipa: At Your Service” podcast.
Apple CEO Tim Cook watches a display of an all-new redesigned MacBook Air laptop during WWDC22 at Apple Park on June 6, 2022 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC22 developer conference. (Justin Sullivan/Getty Images/Getty Images)
Lipa has produced the podcast for three seasons so far. Other notable guests who have appeared on the Grammy Award-winning artist’s show in the past include Greta Gerwig, Elton John, Monica Lewinsky and Nadia Murad.
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Lipa also asked Cook if you had a “succession plan.”
Dua Lipa attends 2023 Variety Power Of Women at Mother Wolf on November 16, 2023 in Los Angeles, California. (Unique Nicole/WireImage via Getty Images / Getty Images)
“We are a company that believes in working on succession plans, that’s why we have very detailed succession plans. Because something unpredictable can always happen,” he told the singer. “I may walk off the wrong curb tomorrow, and I hope that doesn’t happen. I pray that it doesn’t happen.”
He did not want to name potential successors to Lipa.
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“I will say my job is to prepare multiple people for success, and I really want the person to come from Apple, the next CEO,” Cook said on the podcast. “So that’s my role is to make sure there are several that the board can choose from.”
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| AAPL | APPLE INC. | 190.64 | -0.81 | -0.42% |
Cook has led Apple since August 2011. His overall tenure at the tech giant spans a quarter of a century, with Cook first joining in 1998.
He rose to the role of CEO after the resignation of Steve Jobs, who, along with co-founders Steve Wozniak and Ronald Wayne, had founded the company in 1976. Jobs died in the fall of 2011 after a long battle with pancreatic cancer and other health problems.
The Apple Inc. logo at one of the company’s stores in Sydney, Australia, Friday March 18, 2022. The launch of Apple’s latest iPhone brings a change in the way its US customers can purchase the device, a move towards a reduction in wireless operators outside… (Brent Lewin/Bloomberg via Getty Images/Getty Images)
Cook had said earlier in his appearance on “Dua Lipa: At Your Service” that becoming Apple CEO was “beyond what I would have dreamed of myself.” He also said he wanted to use some of his wealth to help children get more education and “help other people achieve the same dream as me.”
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The company has seen significant growth under Cook’s leadership, with Apple’s market cap hovering around $2.96 billion as of Tuesday afternoon.
The company has made its most recent lineup of iPhones – the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max – available starting in September. The company followed up in October with the latest versions of its iMac and MacBook Pro, all equipped with an M3 type chip.
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