Apple names new CEO

The leadership change at Apple marks a new chapter for the tech giant as it navigates the challenges of the artificial intelligence era.

John Ternus, known as a 'product perfectionist,' has been instrumental in the development of the iPhone, Mac, and AirPods.

His appointment is seen as a strategic bet on hardware integration to drive future AI capabilities.

Tim Cook, who led the company to record profits and a $4 trillion valuation, will remain involved in a chairman role to ensure a smooth transition.