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Can Apple’s New CEO Restore Its Design Mojo?
Fortune’s Sebastian Herrera outlines John Ternus’s challenge replacing Tim Cook and whether his design background can revive Apple’s creative edge and business momentum.
Editorial companion
What stands out
Fortune's Sebastian Herrera frames a tidy crisis: John Ternus will take over from Tim Cook later this year, and the company is counting on him to restore Apple's design "mojo." The clip matters because leadership changes at Apple have often coincided with shifts in product identity and investor narrative, and Ternus brings engineering credibility rather than marketing folklore. For investors, the question is less about next-quarter accounting and more about whether a fresh creative thread can shift perceptions and valuations over the coming quarters.
Market read
Context for the move
Apple's leadership swap arrives into a mixed scoreboard: revenue has been tepid, averaging 1.9% year-over-year (YoY) growth while net income has crept up about 4.4% YoY, a picture the company cannot paper over with a tagline. Investors appear to be buying the narrative for now, with the stock up 8.6% over the past 20 trading days and a Relative Strength Index (RSI) of 62.3 signaling healthy momentum but not mania. That mismatch is why negative fundamental momentum and positive technical momentum leave the stock in a neutral posture for the next several quarters.