Apple Inc.AAPL
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Impact on stocks 2
Artificial Intelligence
Apple Inc.
Applovin CorpAPP
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John Ternus, a longtime Apple hardware engineering executive, became the company's new CEO on September 1, succeeding Tim Cook, who stepped down on August 31 and transitioned to executive chairman. Ternus, who joined Apple in 2001 and led hardware engineering since 2021, oversaw the development of Apple's proprietary silicon chips, the Apple Watch, and AirPods. Apple's annual profit now exceeds $100 billion, and the company is valued at about $4.5 trillion. Ternus faces pressure to catch up in artificial intelligence, inheriting a promise to revamp Siri with Google's Gemini AI.
Apple Inc.Applovin Corp