April 22, 2026 9:42 AM

Apple’s Ternus era hints at renewed hardware focus, AI growth push

Apple's appointment of longtime hardware chief John Ternus as CEO signals a renewed emphasis on its core strength in devices and focus on fusing AI capabilities into existing products to sustain growth, analysts said. Ternus, a 25-year veteran who has overseen development of key products including multiple iPhone generations, will take the helm in September, succeeding Tim Cook after more than a decade of strong growth that saw Apple's market value swell to around $4 trillion. While Apple...