What will Apple's John Ternus era look like? | Equity Podcast

youtube

It's officially the Ternus era at Apple. Tim Cook stepped down as CEO this week, handing the company to former hardware chief John Ternus, whose first memo promised a “huge launch next week” — timing that puts Apple's next iPhone event on his desk before he's even settled in. Cook isn't going far, though: he's staying on as executive chairman, focused on the kind of policy relationships that recently turned something as small as a map label into a very public balancing act. All of which raises an obvious question: what does the Ternus era look like, and how much rope will shareholders give him to figure it out? On this episode of TechCrunch's Equity podcast, hosts Kirsten Korosec and Sean O'Kane unpack what Ternus is walking into, why he may actually be better positioned to make progress on software than hardware in this new AI era, and more of the week's news. Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. Chapters 00:00 Intro 1:12 Tim Cook steps down & John Ternus takes over as CEO 13:33 Nvidia's spreading its AI bets 21:58 A big week for robotaxis: Tesla, Waymo, Zoox & Uber 29:09 a16z's $1.1B "machine age" fund and $8.5B growth fund 32:39 GoPro's $285M acquisition and pivot to AI/defense 36:34 Outro