Tim Cook steps down, Sept. 1 -- After serving the company for nearly 15 years as the Chief Exec utive Officer (CEO), Tim Cook stepped down, leaving a tough job for his successor John Ternus, to keep the high market valuation of the company intact. Widely regarded as an operations and supply-chain expert, Cook oversaw a period of significant expansion at Apple. When Steve Jobs named Tim Cook as his successor, the immediate reaction among investors was not entirely positive. Though, the Apple board described it as a thoughtful, long-term succession planning process, Apple stocks will be in focus, when trading resumes in the US stock market today.

According to stock market experts, outlook for the Apple stocks is positive for the short to m...