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Apple Names Hardware Chief John Ternus to Succeed Tim Cook as Chief Executive Officer
Apple has announced that its head of hardware engineering, John Ternus, will succeed long-time leader Tim Cook as Chief Executive Officer. The historic succession arrives as the tech giant navigates slowing smartphone upgrades alongside substantial investments in on-device artificial intelligence. For everyday investors, the appointment signals how Apple plans to safeguard product margins, shareholder returns, and consumer device innovation over the coming decade.
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