Tim Cook tells employees why he chose to step down now, what’s next for him

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Apple’s Tim Cook and John Ternus held an all-hands meeting with employees today in Steve Jobs Theater at Apple Park, according to Bloomberg. The meeting comes one day after the announcement that Ternus will take over as Apple CEO later this year. During the meeting, Cook offered more insight into why he decided to begin the transition now — and what his plans are for his role as Apple’s executive chairman. more…