Key facts
- Apple's new CEO John Ternus is overhauling the company.
- The overhaul aims to accelerate product development.
- The changes are intended to broaden Apple's device range.
- The company is seeking to create a leaner organization.
- There will be a greater focus on engineering.
Apple's new Chief Executive Officer, John Ternus, is initiating a significant overhaul of the iPhone maker's operations. The changes are designed to accelerate product development cycles, expand the company's portfolio of devices, and foster a leaner organizational structure with an increased emphasis on engineering. The report from Bloomberg News on Tuesday indicates a strategic shift under Ternus's leadership to enhance the company's agility and focus.