Tim Cook likely to step down next year: Meet the top contender for Apple’s CEO role

Apple is all set to head toward one of its most significant leadership transitions in more than a decade. According to Financial Times, Apple CEO Tim Cook could step down as early as next year, resulting in the company to quietly prepare for a smooth handover of responsibilities. Although nothing has been officially confirmed by Apple, internal discussions and industry rumours indicate that Apple is moving fast ahead towards identifying and grooming its next leader.