Person

John Ternus

Apple's incoming CEO, effective September 1. Previously SVP of Hardware Engineering.

5 articles First covered Apr 21, 2026, latest Jun 18, 2026

Apple CEO Tim Cook speaking at a company event

DRAM and storage chips quadrupled in a year. Now Apple says price hikes are unavoidable.

Tim Cook told the WSJ that Apple price rises are unavoidable as an AI-driven memory crunch quadruples DRAM and NAND costs across every consumer device.

Apple Intelligence branding from Apple's WWDC 2026 announcement

Apple·3 weeks ago

Apple rebuilt Siri on Google's Gemini and is paying $1 billion a year for it

At WWDC 2026 Apple shipped Siri AI, rebuilt on a custom Google Gemini model running on its own servers. Here are the catches behind the demo.

John Ternus, Apple's incoming CEO, photographed at Apple Park.

Apple·2 months ago

Apple dropped its 7-year 'net cash neutral' policy. Ternus is freeing up the balance sheet for AI.

Mark Gurman's May 3 Power On reads Apple's quiet capital-allocation shift as cover for John Ternus to spend more on AI infrastructure and acquisitions, less on buybacks.

Apple·2 months ago

Apple booked $111.2B in Q2 with Ternus on the call. Cook warned about RAMageddon.

Apple posted record Q2 revenue of $111.2B (up 17%). John Ternus joined his first earnings call as named CEO. Cook warned AI memory costs will hit Apple's June quarter.

Tim Cook and John Ternus on stage at Apple Park.

Apple·2 months ago

Tim Cook is stepping down. John Ternus is Apple's next CEO, effective September 1.

Apple confirmed John Ternus will become CEO on September 1, 2026. Tim Cook moves to executive chairman after 15 years running the company.