Ternus Takes the Reins: Apple's New CEO Faces Tough Questions on AI, Bitcoin
Tim Cook's departure as Apple CEO marks the end of an era, but John Ternus's ascension to the top spot is no surprise. The 50-year-old executive has been with Apple since 2001 and rose through the ranks to become senior vice president in charge of hardware engineering in 2021.
Ternus inherits a tight schedule as he prepares for his first major event as CEO, the iPhone keynote on September 9. He will also have to address concerns around AI, particularly Apple's decision to build its next-generation Siri on Google's Gemini technology.
The new CEO has never publicly discussed Bitcoin or taken a position on the subject, unlike his predecessor, who owned the cryptocurrency for about three years. However, with stablecoins and crypto payments gaining traction, Ternus's silence may be short-lived.