Apple's new CEO wants to move faster, cut jobs, and squeeze more out of services
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The takeaway: John Ternus took over as Apple CEO at the start of September, and a recent report offers clues on how his reign might differ from Tim Cook's. The new chief executive officer reportedly wants to reduce headcount, extract more revenue from services, and change the company's traditional hardware release cycle.
Sources have informed Bloomberg that Apple might shift to a more aggressive hardware release schedule under its new head. John Ternus aims to reshape the Cupertino giant into a leaner company to navigate ongoing memory shortages and compete in the AI space with companies like Microsoft, Meta, and Google.
The former hardware chief, who took over from Tim Cook on September 1, aims to move away from Apple's traditional spring and fall release schedule and instead release products throughout the year....
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