Just a month into his role as Apple's freshly appointed CEO, John Ternus is contemplating tweaks to the company's product development and operational blueprints. Drawing on his engineering expertise, he aspires to expedite the product development cycle, aiming for a steady stream of new product launches year-round, as opposed to the traditional clustering around spring and autumn events. Concurrently, he intends to rein in expenses by pruning select product initiatives and carrying out targeted reductions in force within sizable teams.
