Apple’s board and senior executives are ramping up preparations for CEO Tim Cook’s potential departure, with hardware engineering chief John Ternus emerging as the leading candidate to succeed him. Cook, famously nicknamed “Tim Apple” by President Donald Trump, could step down as early as next year.

The Financial Times reports that tech giant Apple is taking steps to ensure a smooth transition of leadership as longtime CEO Tim Cook nears the end of his tenure. According to several people familiar with internal discussions at the company, Apple’s board and top executives have recently intensified succession planning efforts, with the…

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