BREAKING: Apple Announces New CEO John Ternus, VP Hardware

Wow. It's finally happening. Tim Cook is resigning as Apple CEO after 15 transformative years, during which the company experienced a 2,000% stock increase and reached a $4 trillion market cap. 

We examine the challenges Apple faces in the AI sector and the potential of new CEO John Ternus to revitalize hardware innovation. With Cook's departure highlighting a shift in leadership, we reflect on his legacy and the exciting possibilities for upcoming AI-driven products.

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TIMESTAMPS

0:00 Tim Cook Steps Down
1:10 The AI Challenge
2:28 Meet John Ternus
6:44 Apple's Biggest Challenges
12:29 Apple's $1 Billion Deal
13:47 The Hardware Advantage
17:55 Potential New AI Devices
20:52 Transitioning Leadership
21:26 Legacy

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Creators and Guests

Host

Ejaaz Ahamadeen

Host

Josh Kale

What is Limitless: An AI Podcast?

Exploring the frontiers of Technology and AI

Josh:
Yesterday, the most successful CEO in the history of technology announced that he's stepping down.

Josh:
Tim Cook, 15 years at Apple, saw the stock go up 2,000%, introduced the Apple

Josh:
iWatch, the AirPods, and also led Apple to be the first $4 trillion company,

Josh:
announced that he's resigning.

Josh:
On paper, he's the greatest operator CEO on earth.

Josh:
So why did he resign? It's because he couldn't solve the one biggest problem that mattered to Apple.

Josh:
The AI race. Apple is losing pretty badly.

Josh:
They're the only trillion-dollar company in the Mac 7 that is paying a competitor,

Josh:
Google, $1 billion just to license their AI model because they couldn't build their own.

Josh:
Their chief AI officer quit.

Josh:
Johnny Ive, the head of their design firm, left to join OpenAI.

Josh:
And there's a host of other failures. But the new guy that they picked,

Josh:
John Turnus, 51-year-old hardware expert, he has over 25 years' experience engineering

Josh:
all of Apple's devices is the new guy to take the helm and he might be the answer

Josh:
to building the next device that Apple uses to replace the iPhone.

Josh:
I think that Tim Cook's replacement is simultaneously an admission of Apple's

Josh:
failure to win the AI race, but also the key to them winning the next stage.

Ejaaz:
Yeah, well, moment for Tim Cook's tenure because, oh my God, what a run he's had.

Ejaaz:
Yes. This is a 20 times gain on Apple stock since he took control of the company

Ejaaz:
15 years ago. For reference, when Tim Cook became CEO of Apple,

Ejaaz:
Apple was releasing the iPhone 4.

Ejaaz:
Some of you listening may not even be old enough to remember that. It was a long time ago.

Ejaaz:
We went from the iPhone 4 to the 17 Pro, which we are now at now.

Ejaaz:
And over that time, Tim Cook has really just done an unbelievable job on stewarding

Ejaaz:
the ship of Apple 4s into a place where it is profitable, it is sustainable, and it is larger.

Ejaaz:
Now, if we compare the two 10 years, Steve Jobs took it from zero to 350 billion.

Ejaaz:
Tim Cook took it from 350 billion to 3.7 trillion. One is a 14,000% gain,

Ejaaz:
but the other is a thousand percent in a market that is much more difficult

Ejaaz:
to kind of navigate through.

Ejaaz:
And the reason is because Tim Cook is a good operator.

Ejaaz:
He's great at running businesses, whereas Steve Jobs was the visionary who was

Ejaaz:
great at creating products.

Ejaaz:
And I think what we see with the Apple story today and their decision to move over to John Ternus.

Ejaaz:
Is a swing of the pendulum back to where we were.

Ejaaz:
Tim Cook created a huge services business. That's what we have Apple TV for.

Ejaaz:
ICloud became really large. Business that actually generates a lot of cash came

Ejaaz:
from him. A lot of the products remain mostly unchanged.

Ejaaz:
I mean, if you look at this lineup of things that came from Tim Cook,

Ejaaz:
we have AirTags, Apple Watch, AirPods, the Mac Studio, mostly iterations on

Ejaaz:
previous products, not a whole lot of net new things.

Ejaaz:
In fact the vision pro was actually steve's last great idea um so that finally

Ejaaz:
came to life a long time ago but the services industry in the top right of this

Ejaaz:
graphic that we're seeing is the big win for tim and it's this really exciting

Ejaaz:
change in one of the world's most valuable companies, starting with this new guy, John Ternus.

Josh:
Yeah. So who is this Ternus guy? Because it's not exactly a name that's been

Josh:
floated around the technology headlines. He's kind of been like living in the VP exec shadows.

Josh:
Well, he is the hardware expert and the guy behind the engineering of every

Josh:
single Apple device that you have seen, heard or used yourself over the last

Josh:
25 years. But he was also working in hardware before that. He has over 30 years experience.

Josh:
He was early on the VR trend, which is why Apple was so enthusiastic to hire him.

Josh:
So he knows the depths of every single device, how it's built,

Josh:
and why it was built in that particular way.

Josh:
He, every device that you use has his art or his stamp on it.

Josh:
But John Ternus is an impressive guy for a few other reasons as well.

Josh:
There was a recent interview that I watched with him on where people would describe

Josh:
him as a good replacement for Tim Cook because he's very likable,

Josh:
but also kind of fierce behind the shadows.

Josh:
And the reason why that's good is he inspires a lot of loyalty in the teams

Josh:
that he works with, and he's the bet from the exec board to be the man that

Josh:
leads Apple into the next era of devices.

Josh:
And you might have seen rumors about three new Apple AI devices that they're

Josh:
going to announce later this year.

Josh:
We'll get more on that later. But Ternus will be the man that is engineering behind that.

Josh:
And the reason why it's important and I think significant that Ternus is stepping

Josh:
up right now at this particular point, it's not a coincidence,

Josh:
is because Apple knows that, in my opinion, the iPhone is stretched.

Josh:
We've had like a million different versions and the services businesses worked

Josh:
so well for Apple right now, but they need a new model, a new approach.

Josh:
And Apple's moat has always been hardware. It's not just software.

Josh:
It's because everyone has one of these or an Apple Watch or a suite of different devices.

Josh:
And Ternus needs to figure out or be the answer to what the AI device of the

Josh:
next generation or next couple of generations is going to be.

Ejaaz:
This guy rocks. I think we're going back to the hardware roots of Apple.

Ejaaz:
If you have been a owner of Apple stock, you love Tim Cook. If you have been a

Ejaaz:
like a lover of the Apple hardware products, you have probably,

Ejaaz:
you felt there's a lot left to be desired.

Ejaaz:
And I think John is going to fill that desire as it relates to the products,

Ejaaz:
just through his hardware nature.

Ejaaz:
I mean, he is a hardware guy through and through. He's only had two jobs in his entire career.

Ejaaz:
One was building VR headsets. One was at Apple, where he has remained for the last 25 years of time.

Ejaaz:
So he's really a guy that started from the bottom, worked his way to the top,

Ejaaz:
and is now appointed as the hardware CEO of one of the largest companies in the world.

Josh:
Can I just point something out, Josh? I just pulled up his LinkedIn yesterday.

Josh:
This did not have a profile picture and everyone kind of like exposed him for

Josh:
that on social media. It looks like since he's updated it.

Josh:
But yeah, like he only has two job postings in his experience. So VP and engineer.

Ejaaz:
That's it. Yeah. And since joining in 2001, I mean, his first product he ever

Ejaaz:
launched was the Apple Cinema display. Most people probably don't even remember that.

Ejaaz:
But also since then, he is responsible for a laundry list of items,

Ejaaz:
including but not limited to the iPad,

Ejaaz:
every AirPod generation, the redesigned MacBook Pro, the redesigned iMac Pro,

Ejaaz:
all of the hardware for iPhone over the last six years.

Ejaaz:
Anything that is hardware and that is physical that you've touched over the

Ejaaz:
last five, six years, he has been the one that has shepherded it and led that forward.

Ejaaz:
It's to be noted that there are changes that have been happening already.

Ejaaz:
We have the MacBook Neo, which we never had before, which is a low cost laptop

Ejaaz:
that you can go and buy for $600. We have the iPhone Fold coming later this year.

Ejaaz:
That is a drastic pivot from anything that the iPhone has ever done.

Ejaaz:
So we're already starting to

Ejaaz:
see some of the risks that they're willing to take on the hardware front.

Ejaaz:
And that's just the beginning. I assume this extends out to the AI hardware

Ejaaz:
too that there are rumors of, which we'll get into, but he is the hardware guy

Ejaaz:
through and through. And I'm just so excited for...

Ejaaz:
This new paradigm, this new pendulum swing back from the business to the product.

Josh:
I want to play devil's advocate with you for a second, Josh.

Josh:
He's an amazing hardware guy, but as you probably know, the CEO position requires

Josh:
so many other skills, right?

Josh:
You need to be operational and you need to understand every single core part of the business.

Josh:
That's why Tim Cook came in and he was the right guy at the right time,

Josh:
right? He built out the services business because he saw that we had the hardware

Josh:
mode. We need to tack on products on top of that.

Josh:
I don't know if John Ternus has proved himself in his history or tenure at Apple

Josh:
so far as to whether he can do that.

Josh:
He's definitely the hardware expert, but it looks like he's going to be hiring

Josh:
a really strong team around him, right?

Josh:
Ternus, the CEO, and then you've got Shrooji as the chief hardware officer.

Ejaaz:
Yeah. So I think this was the board that did this, who just kind of did some

Ejaaz:
reshuffling of all the positions of Apple.

Ejaaz:
The most noteworthy is Johnny Shrooji, which is a name most people probably

Ejaaz:
haven't heard of, who has been promoted to Apple's chief hardware officer while

Ejaaz:
John goes up to become the CEO.

Ejaaz:
Now, Johnny, not to be confused with John, if you've ever watched the presentations

Ejaaz:
of Apple events, he's the guy that's down in the lab where he's talking about

Ejaaz:
chips and processors and all of that stuff.

Ejaaz:
He's the guy that is responsible with John Ternus for building probably the

Ejaaz:
best hardware that Apple has built in the last decade, the M series chips.

Ejaaz:
Those are incredible. He is the chip guy. He is the lead architect of those

Ejaaz:
chips and that's not limited to the m series ship that's a a series ships that

Ejaaz:
are in your iphones that is the wireless modems that is the wireless connectivity any sort of

Ejaaz:
chip responsible for your iphone getting incrementally better every year

Ejaaz:
he is responsible for this and when

Ejaaz:
i think about the best parts about apple over the last five years and

Ejaaz:
i track down the source of where they came from a lot

Ejaaz:
of that comes from john and johnny and it's it's a really exciting new dynamic

Ejaaz:
where there is now this all-star cast who has built pretty incredible things

Ejaaz:
at the helm and with the ability to make the decision to continue to push the

Ejaaz:
envelope as it relates to hardware and at the end of the day like apple really

Ejaaz:
is the sum of its products and when its products are excellent, the company does well.

Ejaaz:
And I'm really hopeful that this will usher in that new paradigm of hardware in the AI era.

Ejaaz:
I mean, we've already seen this with how popular Mac minis are and Mac studios

Ejaaz:
are, and I'm sure they won't be scared to lean into that even more in these

Ejaaz:
next generations of products and chips.

Josh:
Yeah, and it's not just a fad either, right?

Josh:
These like chips and hardware mode that Apple has really puts them ahead of

Josh:
the competition in a very meaningful way.

Josh:
So for example, like with these M1 chips, we recorded this on a previous episode,

Josh:
it is the only hardware or consumer-facing hardware alone that allows you to

Josh:
run frontier AI models locally on your device.

Josh:
And what that unlocks is, you know, it can't be understated.

Josh:
You can run AI models personally on your own data without exposing it to,

Josh:
you know, anyone. It's cheaper, it's quicker, and overall quite better.

Josh:
And Apple over the last couple of years has really been leaning into locally,

Josh:
privately run AI models.

Josh:
They're going to do something similar with Siri where they privately inference

Josh:
and train off of Google's model.

Josh:
And with that $1 billion deal, which we're about to get to. But the point is,

Josh:
Apple's hardware is superior, and it's because of people like Ternus and Sruji

Josh:
and the entire team, and the exec team recognizes that.

Josh:
Another thing that I forgot to mention earlier is Turner seems to be like the

Josh:
youngest board member of Apple.

Josh:
Like typically it ranges between like 55 to like 65 and ahead.

Josh:
He's 50 years old, 51 years old. So he's going to be the youngest.

Josh:
It's some fresh young blood, but

Josh:
he has a really good understanding and instinct as to what Apple wants.

Josh:
He's observed and watched him cook, build up the services business.

Josh:
He also observed Steve Jobs and knows of his tenure. You know,

Josh:
so he's kind of like, I kind of like to think of him as like the hybrid of both of these people.

Josh:
So I'm getting really bullish about it.

Ejaaz:
There's some unknown lore that happens around these transitions that I'm not

Ejaaz:
sure everyone's familiar with.

Ejaaz:
In the case of Tim Cook, when Steve Jobs asked him to be CEO and Tim found out that Steve was sick,

Ejaaz:
he actually offered to donate a portion of his liver to Steve when he found

Ejaaz:
out that he had pancreatic cancer because they had the same blood type,

Ejaaz:
which I found really interesting.

Ejaaz:
There was this true, unrelenting commitment to, I guess, at that time, just helping a friend.

Ejaaz:
Steve didn't accept it, but it's a fun story that not a lot of people know that

Ejaaz:
shows the level of, I guess, gratitude and...

Ejaaz:
Just i don't know teamwork that they have together what do you i wonder if john

Josh:
Made sacrifices yeah did he.

Ejaaz:
Make a blood sacrifice perhaps an organ like some blood maybe he's tim's blood

Ejaaz:
baby we're unsure but it is it just it's just funny just to know some of the backstory in the lore

Josh:
The point is i guess it like is is loyalty is pretty fierce at apple and you

Josh:
know you've got each other's back and you kind of want collectively for everyone

Josh:
to win in fact uh we have the uh community letter from from tim here which basically

Josh:
announced that he's stepping down.

Josh:
And he goes on to say, John cares so much about who we are at Apple,

Josh:
what we do at Apple, who we reach at Apple.

Josh:
And he has the heart and character to lead with extraordinary integrity.

Josh:
And he goes on to explain why exactly John is the perfect fit over like two entire paragraphs.

Josh:
So there's a lot of camaraderie around Apple, but also they're not banding together

Josh:
for no reason, right? They're not making these decisions for no reason, Josh.

Josh:
There's been a series of what I would personally describe as failures or maybe

Josh:
unintentional successes.

Josh:
And I'll explain that a little later for apple within

Josh:
the ai race now it's the most important technology revolution um and they've

Josh:
just watched their competitors completely drive by them um their competitors

Josh:
have built up now frontier world leading models uh they tried to you know broker

Josh:
a deal early on with anthropic anthropic said no so apple was kind of like shot

Josh:
in the foot they lost their ai chief they lost johnny i the design guy.

Josh:
Any possible team that they could have used to build a frontier AI model,

Josh:
they kind of like lost them or bled them throughout the last couple of years.

Josh:
And so the question remains is, what is Apple's move next?

Josh:
One of the major announcements that gave us a bit of signal into this was,

Josh:
I believe this was like last year, Apple announced that they're striking a $1

Josh:
billion deal with Google specifically to license their Gemini model.

Josh:
And the reason why they're doing this is they're going to feed that Gemini model

Josh:
into their personal assistant known as Siri. By the way, for those of you who

Josh:
use Apple who don't know what Siri is, it's that assistant that you just turned

Josh:
off as soon as you got the Apple device because it was so, so bad.

Josh:
And since then, Apple has been announcing new AI features for Siri that will

Josh:
make it smarter, more intuitive, and do things for you on your own devices.

Josh:
Since then, they've been delaying it. It's over like, what's it,

Josh:
two and a half years now? And they delayed it again.

Josh:
We're meant to hear an announcement on the new Siri later this year.

Josh:
But the point is, they're plugging in competitors, they're paying competitors

Josh:
for the privilege of getting access to AI, which leaves them quite vulnerable, you would think.

Josh:
But now that I kind of reframed this structure, I actually think it might be

Josh:
an advantage for Apple and specifically John Ternus right now because he realized,

Josh:
or we, or rather I realized, you don't need to own the model layer.

Josh:
You can own the distribution layer.

Josh:
And the only way that you do that is knowing that every human will eventually need a device.

Josh:
OpenAI is currently working on their own device, but guess who has 3 billion

Josh:
active devices live right now that they can turn on AI features tomorrow?

Josh:
Apple. So it sounds like a genius move think john tennis is going to focus on this.

Ejaaz:
Yeah it's the unique advantage of apple they have the hardware lock-in

Ejaaz:
they have all the best products in the world they have them distributed to hundreds

Ejaaz:
of millions of people in the world and thanks to the work of johnny who is the

Ejaaz:
chip master they're all capable of running pretty solid models locally on device

Ejaaz:
and there was this huge slip up that happened at wwdc two years ago where they

Ejaaz:
announced apple intelligence and it was just complete and utter failure

Ejaaz:
Isn't to say that they're out of the race by any

Ejaaz:
means because they own the most difficult stack of

Ejaaz:
this layer of the stack being the hardware when you

Ejaaz:
look at all the other frontier ai labs nobody has the capability of

Ejaaz:
manufacturing great hardware at scale and you

Ejaaz:
mentioned johnny ivy's working with open ai he he left

Ejaaz:
apple far before that to start love from um but

Ejaaz:
then they acquired his company and now he's working with them um he

Ejaaz:
is going to design the thing but he's not the guy who's

Ejaaz:
going to get that manufactured at scale and as we

Ejaaz:
look at these charts in as it relates to progress in ai

Ejaaz:
they are vertical lines they're moving so quickly but the

Ejaaz:
limiting factor like we always mention is the physical

Ejaaz:
manifestation of that it's moving around the atoms in the world to

Ejaaz:
build the products that get into people's hands that can actually use it

Ejaaz:
and it's incredibly difficult and apple is

Ejaaz:
coming from the harder side of the spectrum if you view it

Ejaaz:
as a spectrum on software to hardware what's more effective

Ejaaz:
and what's harder to use well software has a lot more leverage but it's a lot easier

Ejaaz:
to make and iterate on and that's why we see every company copying everyone

Ejaaz:
else it's the hardware part that's difficult we see it with the data

Ejaaz:
centers how difficult it is to roll that out and then we see it with the hardware how

Ejaaz:
difficult it is to make incredible products like the iphone there's no one else

Ejaaz:
who's done it like that and that is a huge advantage that john is going to certainly

Ejaaz:
lean into and give them that edge when it comes to edge compute now will they

Ejaaz:
be able to roll out their own proprietary versions that are good we don't know

Ejaaz:
i think they're hedging that in a very smart way with google and using gemini locally on device,

Ejaaz:
but if they do figure it out,

Ejaaz:
If they do roll out what they promised Apple Intelligence and Siri were to be

Ejaaz:
at this year's WWDC in June, then I think we have something really exciting.

Ejaaz:
And you'll note that the transition period for John from Tim happens in September.

Ejaaz:
So there's still a six-month window or so in which Tim Cook is going to be CEO,

Ejaaz:
and there's this transition period.

Ejaaz:
And only once the new iPhone release comes along in September will John take

Ejaaz:
the stage for that event and become the proper CEO.

Ejaaz:
So we're in the transition period. I expect to see a very strong pivot towards

Ejaaz:
hardware and in a really exciting way, man. I would love to get some good new products.

Josh:
Yeah, same. And if we choose to believe the main leaker of Apple News,

Josh:
Mark Gurman, he posted a few months ago that Apple's ramping up to work on a trio of AI wearables,

Josh:
specifically new smart glasses and AirPods with cameras on them and a pendant

Josh:
that you can wear around your neck or leave kind of like ambiently around your

Josh:
house and it can pick up information.

Josh:
Of course, the point of these three devices is to see what you see,

Josh:
hear what you hear, and also observe what you observe and feed all of this data

Josh:
presumably into an AI model.

Josh:
I'm guessing in this case, Gemini, a proprietary version of it,

Josh:
and then recursively use that to build a smarter personal assistant called Siri

Josh:
that can not only inform you of different things, but predict things that you

Josh:
want and also do things for you.

Josh:
Plugged into every single app that you own on your iPhone or device,

Josh:
seamlessly connect to all context.

Josh:
It's a really exciting vision. It is very hard to pull off that vision.

Josh:
You see, OpenAI has been delaying a lot of their device releases.

Josh:
I think their current puck-like device has been pushed back until early next

Josh:
year because of supply chain issues. But that's Apple's advantage.

Josh:
They already have dominance or monopoly on consumer hardware supply chains.

Josh:
In fact, there was a story recently where apparently they've been buying up

Josh:
all the memory available, DRAM, just so that they can make sure that they can

Josh:
keep putting out their products on the shelf.

Josh:
So for example, MacBook Neo, it sold out. They were able to release 10 million

Josh:
more units for people to buy.

Josh:
Whereas Microsoft had to pull products from the shelves just because Apple had

Josh:
bought up all the memory.

Josh:
And so it was pricing it too hard for consumers to for Microsoft to sell to their consumers.

Josh:
So the point is, Apple has the scale that no other company does to build the

Josh:
winning device product.

Josh:
Now, the counter to this is Apple is typically waited for the product to form

Josh:
itself, like they waited for the cell phone to be a thing.

Josh:
And then hasn't been the case just yet. We haven't seen a new groundbreaking AI device just yet.

Josh:
So they might have to be the frontier here. And Apple hasn't done that before, unless I'm wrong.

Josh:
So I'm excited to see what happens.

Ejaaz:
And they don't even necessarily need a dedicated hardware device for AI.

Ejaaz:
The iPhone is very sufficient for now.

Ejaaz:
And when you think about like, I was just thinking as you're talking about this,

Ejaaz:
Claude Mythos, the new Anthropic model, that's going to be

Ejaaz:
compress down to the size that can run on a mobile device in the next 12 to 18 months.

Ejaaz:
And when you're able to compress models that intelligent down to a size that

Ejaaz:
can run locally on your laptop or your iPhone, is that enough?

Ejaaz:
Like, I think that probably is where the iPhone 20, which is their 28th year

Ejaaz:
anniversary, if it's capable of running a mythos level model locally on device,

Ejaaz:
how much more do you really need?

Ejaaz:
And I think that's like a good question to ask as it relates to their competitors

Ejaaz:
who are spending so much money on this frontier intelligence,

Ejaaz:
because the average person does not need more than that.

Ejaaz:
And if it can accomplish and achieve all the tasks running on your local suite

Ejaaz:
of devices that you know and love, that's a huge advantage that no one else really has.

Josh:
Yeah, I mean, that's the bet that Meta is taking, right? They released their

Josh:
new model, what's it, two weeks ago called MuseSpark.

Josh:
And it wasn't like a frontier model on like coding or reasoning versus anthropic

Josh:
and open AI kind of sucked. But it was really good at data driven actions.

Josh:
And guess what Meta has a lot of data. So they like built

Josh:
a model specifically for their users of facebook instagram whatsapp or whatever

Josh:
to build specific features that people actually care about you don't actually

Josh:
need a huge model or the biggest model you just need a model that works for

Josh:
your users and can unlock new use cases for you and apple's probably going to

Josh:
do the same thing i think they'll probably play in both parks to be honest that's my guess yeah.

Ejaaz:
Yeah, the problem is, though, is like Meta's hardware sucks.

Ejaaz:
So they have no actual hardware for it. No one has hardware.

Ejaaz:
And that's the hard thing about it is like hardware is really hard.

Ejaaz:
And people are building the software stack, but have no place to put it.

Ejaaz:
They don't have consumers that are holding their devices in their hands.

Ejaaz:
They're currently holding Apple devices. We're talking to you on a MacBook.

Ejaaz:
We're calling our friends on an iPhone. And Apple owns that hardware stack.

Ejaaz:
And oh, my gosh, they have a really good opportunity.

Ejaaz:
And they have the cash balance because Tim Cook has handed off,

Ejaaz:
what, $150 billion in cash to John to go and do what he pleases with it.

Ejaaz:
So it's a really exciting paradigm shift to go from the Steve Jobs innovative era,

Ejaaz:
visionary era, kind of a jerk to Tim Cook being the pacifist who has generated

Ejaaz:
a tremendous amount of money just by turning it into a great business.

Ejaaz:
Back to John Ternus. We're unsure of the sentiment. We don't know if he's, he seems like a nice guy.

Ejaaz:
But back to John, who is a product guy who is kind of hell-bent on building

Ejaaz:
great hardware for this next generation of intelligence.

Ejaaz:
And I think it's really exciting. Apple's in a really good position now,

Ejaaz:
and it should be an interesting year to see how this transition goes.

Josh:
So I believe that's it for the episode. That is the complete end-to-end breakdown

Josh:
of Tim Cook's reign and the new guy, John Ternus, coming in.

Josh:
I personally think this is a very good move for Apple, and I'm excited to see what they build.

Josh:
Obviously, it's going to hurt. It's going to suck. There'll be a lot of speculation

Josh:
as to whether John Ternus is the right guy for the job we will find out after

Josh:
september i guess and i'm sure he'll be working closely with tim cook until

Josh:
then but uh unless there's anything else josh any final thoughts i.

Ejaaz:
Would encourage everybody to go and read the letter that tim cook wrote to the

Ejaaz:
apple community it was so great it made me emotional it was really well written

Ejaaz:
and it's i think it does a great job of summarizing

Ejaaz:
the journey that he's had with the company and the changes and

Ejaaz:
the impact that it's had on the world and it was

Ejaaz:
really heartwarming so if you do anything today go read the community letter

Ejaaz:
from tim it'll make you feel good about about a company like apple existing

Ejaaz:
and the journey that they've been on with all of us participating in it so that

Ejaaz:
is the only ask for the day other than that thank you for watching we got a

Ejaaz:
lot more coming this week there's a lot of good good topics open ai has a presentation

Ejaaz:
coming up there's a lot of new news that's going to be coming down the line

Ejaaz:
this week. So we will be here to cover it all as always.

Josh:
Yeah. So thanks everyone for listening. Whatever platform that you're on,

Josh:
by the way, the daily reminder, it helps us out massively.

Josh:
If you aren't subscribed to

Josh:
click that subscribe button, we'll give us a rating or leave us a comment.

Josh:
It helps us out. It gives us feedback as to what kind of content you guys enjoy.

Josh:
We know that there's a lot of you, so welcome. And yeah, we'll see you on the

Josh:
next episode, probably tomorrow, probably about OpenAI. See you soon.