John Ternus takes over as Apple enters era of AI, foldable phones

One of his biggest challenges will be balancing the company’s dependence on China while parrying political pressure from the White House.

John Ternus' first day as Apple CEO comes at a critical juncture for the iPhone maker, with memory prices soaring and AI challenges looming.

Highly anticipated foldable launches from Apple and Huawei Technologies next week are expected to offer a much-needed lifeline to a subdued global smartphone market, which is bracing for an estimated 17 per cent decline in 2026. Apple’s September 9 event has the industry watching closely, with expectations building for