Apple unveils latest iPhone lineup as John Ternus takes over as CEO

abcnews.com

Apple unveils its latest iPhone lineup Wednesday, headlined by new CEO John Ternus, who succeeded Tim Cook on Sept. 1, with a foldable model widely expected. The foldable launch follows rivals like Samsung and Google, but Apple waited for market viability, per analyst Dipanjan Chatterjee. The iPhone 18 likely costs more due to a global memory chip shortage, compared to the iPhone 17's $799–$1,999 range. Ternus inherits a successful company, facing the challenge of sustaining momentum while preparing for a future beyond smartphones. Last year's iPhone 17 lineup, including a slim "Air" model, sold well.


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