Apple CEO John Ternus says the best AI device is still the iPhone
The company also argued that its on-device models offer consumers more privacy.
The company also argued that its on-device models offer consumers more privacy.
John Ternus made the case in his first keynote as Apple CEO that the iPhone isn’t going anywhere.
Tim Cook’s farewell memo to Apple employees offers a glimpse at how he wants John Ternus to be seen: as a product builder with deep experience across the iPhone, Mac, AirPods, and other major hardware lines.
The transition has been expected for some time and ends one of the longer and more impactful runs a CEO has had at any company. Cook had inherited a company that many industry watchers and enthusiasts struggled to separate from its famed founder. What he leaves behind is a $4 trillion business with annual revenue that has more than quadrupled on his watch.
Starting on September 1, Ternus will lead one of the world’s most valuable companies, but if you’re not a dedicated Apple enthusiast, you’ve probably never heard of this man, who has largely remained out of the spotlight until now.
Apple’s top job comes with almost unrivaled power and money, but it comes with plenty of baggage, too.
Cook, who joined Apple in 1998, succeeded Steve Jobs as CEO in 2011 and went on to transform Apple into a $4 trillion powerhouse.
John Ternus, Apple’s incoming CEO, is a hardware guy, signaling Apple may be putting devices back at the center of its strategy.
On the latest episode of Equity, we discuss how Apple has changed since Cook became CEO in 2011, and what challenges incoming CEO John Ternus will be facing.
Cook warned that Apple is facing supply-chain headwinds from RAMageddon that could impact its business.