John Ternus as CEO Could Bring ‘Bigger Acquisitions,’ New Product Categories: Analyst
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4 Articles
John Ternus as CEO could bring ‘bigger acquisitions,’ new product categories: analyst
Tim Cook is in his final weeks as Apple CEO, with John Ternus set to take over the top job on September 1. And per Bank of America analyst Wamsi Mohan, Ternus could usher in a bolder, riskier era at Apple.
John Ternus will start his management as Apple's new CEO in just two weeks, and investors should not be surprised if he changes the iPhone manufacturer's spending strategy to boost his artificial intelligence software. Ternus will assume the position of CEO instead of Tim Cook on September 1st. Exclusive material for subscribers. To have full access, access the subject's link and register.
New CEO John Ternus likely to shake up Apple's spending strategy
Apple’s incoming CEO John Ternus As John Ternus prepares to step in as Apple’s CEO in just two weeks, investors are eyeing a potential shift in the company’s spending priorities. The hardware engineering veteran is expected to steer Apple toward heavier investment in artificial-intelligence software, possibly easing the firm’s long-standing emphasis on massive share buybacks in favor of more aggressive R&D and growth initiatives in the AI era. A…
New CEO John Ternus likely to shake up Apple’s spending strategy
Apple's incoming CEO John Ternus As John Ternus prepares to step in as Apple's CEO in just two weeks, investors are eyeing a potential shift in the company's spending priorities. The hardware engineering veteran is expected to steer Apple toward heavier investment in artificial-intelligence software, possibly easing the firm's long-standing emphasis on massive share buybacks in favor of more aggressive R&D and growth initiatives in the AI era. A…
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