Apple's Phil Schiller Steps Down from App Store and Events Roles

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Veteran Apple executive Phil Schiller is relinquishing his responsibilities overseeing the App Store and Apple events, according to a Bloomberg report. Schiller will retain his Apple Fellow title and continue contributing to undisclosed projects within the company. The announcement comes a day before hardware chief John Ternus is expected to assume the CEO role from Tim Cook, who steps down on September 1st. Schiller first joined Apple in 1987 and rose to head of marketing a decade later, going on to co-launch the App Store with Steve Jobs in 2008. His departure marks the end of a major chapter for one of Apple's most prominent long-serving executives.

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