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John Ternus Named Apple CEO Ahead of Foldable iPhone Launch

4/27/2026

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Story summary
  • John Ternus will assume the role of Apple CEO on September 1, 2026.
  • He assumes the post less than two weeks before Apple’s September event that is expected to unveil the first foldable iPhone.
  • According to Mark Gurman’s Power On newsletter, Ternus oversaw engineering and product development of the foldable iPhone.
  • His September start places him at the helm for Apple’s holiday quarter, projected to earn nearly $150 billion in revenue.