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Tim Cook is out as the CEO, and engineering veteran John Ternus is taking over the chief role.
John Ternus replaces Tim Cook as Apple CEO amidst a major product development shift.
KEY POINTS
- Apple plans to enter approximately ten new product categories in the next few years.
- The first major reveal under Ternus will be Apple's foldable smartphone, called iPhone Fold or Ultra.
- Apple is developing camera-equipped AirPods to deliver health and world-understanding features using multi-modal AI.
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