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What will Apple’s John Ternus era look like?

Reported by TechCrunch · techcrunch.com · September 4, 2026

It’s officially the Ternus era at Apple. Tim Cook stepped down as CEO this week, handing the company to former hardware chief John Ternus, whose first memo promised a “huge launch next week” — timing that puts Apple’s next iPhone event on his desk before he’s even settled in. Coo

What the tape says

What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.

Market reaction today: $AAPL -2.51%

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