Browsing Tag
John Ternus
6 posts
Apple has changed who controls its deal machine. What does the M&A shake-up reveal about the John Ternus era?
Apple Inc. has appointed longtime insider Steve Smith to lead mergers and acquisitions while moving veteran dealmaker Adrian Perica fully into the services organisation. The restructuring shifts M&A back under Chief Financial Officer Kevan Parekh and gives Perica more direct responsibility for businesses including iCloud, Fitness+ and Apple News. Coming shortly after John Ternus succeeded Tim Cook as Chief Executive Officer, the moves provide an early look at how Apple is redistributing authority under its new leadership generation.
Apple is worth $4.7tn and revenue just jumped 16%. Why is it cutting 147 jobs?
Apple is eliminating 147 positions across Cupertino and Sunnyvale, including dozens of software, machine-learning and augmented-reality roles, as the technology giant reallocates resources around Siri AI, Vision products and smart glasses just days before John Ternus replaces Tim Cook as chief executive.
Apple reports record June quarter as revenue climbs 16% to $109.4bn
Apple's Q3 revenue climbed 16% to $109.4bn and iPhone surged 22%, but AAPL fell 9% as a 9-11% Q4 guide and DRAM/NAND squeeze reset the second-half read.
Tim Cook steps aside as Apple CEO: Why John Ternus is a safe choice in a dangerous AI moment
Apple names John Ternus as CEO replacing Tim Cook from September 2026. What it means for AAPL investors, Apple's AI strategy, and the hardware-first era ahead. Read more.
Apple’s power shift explained: Why Eddy Cue now leads health and Craig Federighi takes control of your wrist
Apple hands Health to Eddy Cue and watchOS to Craig Federighi as Jeff Williams exits—see how this leadership shake-up reshapes Apple’s future.
Apple launches new MacBook Pro lineup with advanced M3 chips starting at $1,599
In a significant step forward for professional computing, Apple has just announced its latest MacBook Pro lineup, including…