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Apple CEO succession report ‘premature,’ Bloomberg reports

The report on Apple (AAPL) CEO Tim Cook’s imminent departure as CEO was premature, Bloomberg’s Mark Gurman reports. Gurman says succession planning inside Apple has been underway for years and doesn’t think a departure by the middle of next year is likely. Given Apple’s tremendous success under Cook, his steady leadership after the death of Steve Jobs, and his relationship with both shareholders and the board, he has earned the right to decide his own future, Gurman argues.

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