{
  "id": 4994331,
  "title": "John Ternus takes over as Apple enters era of AI, foldable phones",
  "url": "https://urgent.news/2026/09/02/john-ternus-takes-over-as-apple-enters-era-of-ai-foldable-phones",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-02T02:20:30.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/artificial-intelligence/john-ternus-takes-over-as-apple-enters-era-of-ai-foldable-phones/articleshow/133695518.cms"
  },
  "original_language": "en",
  "account": "John Ternus assumed the role of Apple's CEO on Tuesday, inheriting a company that dominates the smartphone market but lags behind in artificial intelligence. Ternus faces the challenge of balancing Apple's dependence on China with political pressure from the White House. This ends Tim Cook's 15-year tenure, replacing the operations specialist who built Apple's supply chain with an engineer who built its hardware. Ternus, 51, joined Apple's design team in 2001 and rose to senior vice president of hardware engineering. The Apple event on September 9 is expected to unveil its first foldable handset, a significant redesign. Ternus earned a degree in mechanical engineering from the University of Pennsylvania and previously worked as an engineer at Virtual Research Systems before joining Apple. He is credited with pushing for more durable, reliable, and environmentally-friendly products. Ternus will have a base salary of $3 million and could earn up to $58 million in stock options in his first year, while Cook's salary will decrease to $2 million, with total compensation of $47 million. Cook will become Apple's executive chairman, focusing on engaging policymakers around the world. The September 9 iPhone event will be Ternus's first public measure of the handover.",
  "summary": "John Ternus took over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone market but trails its rivals in artificial intelligence. He becomes executive chairman of Apple's board, with a mandate the company has said includes engaging policymakers around the world.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Semafor",
        "title": "John Ternus confronts Apple’s AI era",
        "url": "https://urgent.news/2026/09/01/john-ternus-confronts-apples-ai-era",
        "published": "2026-09-01T17:16:43.000Z"
      },
      {
        "outlet": "Qatar Tribune Business",
        "title": "Ternus takes over Apple as AI race intensifies",
        "url": "https://urgent.news/2026/09/01/ternus-takes-over-apple-as-ai-race-intensifies",
        "published": "2026-09-01T21:29:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}