[Apple's New CEO John Ternus Drives Organizational Streamlining and Accelerates Product Iteration] According to Bloomberg, Apple’s new CEO John Ternus is implementing a series of adjustments to accelerate product development, streamline the organization, and strengthen engineering leadership. Ternus plans to move away from the traditional rhythm of launching new products only in spring and fall, instead opting for higher-frequency releases throughout the year. These include AirPods with cameras, the first smart glasses, and a new model commemorating the 20th anniversary of the iPhone. He is cutting some mid-level management positions, with the hardware engineering department already beginning to lay off Engineering Project Managers (EPMs) and tightening investments in projects deemed non-core, such as Siri, Vision Pro, and certain AI software teams.