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Friday, August 21, 2026
Lanterns, Madden, D.Mon Joins Overwatch 2
Thursday, August 20, 2026
New CEO John Ternus likely to shake up Apple’s spending strategy
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.
Under Tim Cook, Apple systematically strayed from Steve Jobs’ core vision. Product Design, the very soul of the company Jobs rebuilt, was demoted, sidelined, and subordinated to operations, supply-chain efficiency, and services revenue. The result? Fifteen long years of polished, but profoundly boring iteration: thinner bezels, faster chips, incremental camera bumps, and endless “Pro” variants that rarely moved the industry forward the way the original iPhone, iPad, or even the aluminum unibody MacBooks once did. Jobs put Design at the absolute top of the food chain. Jony Ive’s group wasn’t a service department; it was the engine. Cook flipped the hierarchy. Hardware engineering, operations, and finance called the shots (poorly; witness Luca Maestri famously rejecting calls to invest in AI early on which is why he’s now sidelined). Design became reactive instead of directive. The Vision Pro launched as an impressive, but overpriced, underbaked curiosity. After billions spent, the Apple Car evaporated. True category-defining leaps simply did not happen. Now comes John Ternus, a product person, a hardware guy who has spent his career shipping actual devices rather than optimizing margins. Early signals are encouraging: bringing trusted hardware lieutenants back into the fold and already embedding himself with the industrial design group. That is exactly the right instinct. If Ternus moves quickly to restore Design to its rightful place at the apex of Apple’s decision-making, the company might finally escape the long, comfortable, lucrative mediocrity of the Cook era. Apple doesn’t need another fifteen years of safer, prettier, or just different iterations. It needs the return of products that make people stop, stare, and rethink what a computer in their pocket, on their wrist, or on their face can be. The hardware engineer is about to become CEO. The question is whether he has the will — and the authority with Cook looming as Executive Chairman — to put Design back on top where Jobs left it. The next few years will tell us if Apple can innovate again… or if the iteration treadmill simply continues under a new CEO. – MacDailyNews, August 4, 2026 Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post New CEO John Ternus likely to shake up Apple’s spending strategy appeared first on MacDailyNews. Invite your friends and earn rewards
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