Hulbert: Critics Wrong on Cook's Apple Legacy, Ternus Ensures Continuity

Mark Hulbert argues critics of Tim Cook and Apple's AI strategy miss the mark, praising the hardware-first approach as profit-smart amid Tim Cook's departure after 15 years as CEO. Apple shares delivered 2,323% cumulative return since Aug. 24, 2011, crushing the S&P 500's 680% (LSEG data). The board's pick of hardware veteran John Ternus as successor signals low-risk continuity, bolstering a bullish outlook for shareholders despite calls for bigger AI bets.