As noted, Tim Cook announced yesterday that John Ternus will become CEO of AAPL in June, and he (Cook) will become executive chairman, responsible for geopolitics, especially Trump and China. Johny Srouji will become hardware chief, and Srouji named a 5-person team to lead those efforts. The silicon team will be overseen by longtime executive Sri Santhanam; platform architecture will be led by Tim Millet; advanced technologies will be overseen by Zongjian Chen; and Donny Nordhues will run program management. No changes announced on the software, sales, or marketing sides of the business.

The "reorg" is getting positive reviews, especially after the departure of several senior executives over the past few months. AAPL now appears to have locked in a seasoned team of leaders who already work really well together and have a proven track record of success. Well done, Tim! Well done, AAPL board!

Mark Gurman at Bloomberg has good coverage of the changes for those interested.
bloomberg.com - Apple to focus hardware team on five areas under johny srouji

My portfolio has seen several good transitions recently: BRK, KHC, and now AAPL. I suspect there will be more to come as this bull market starts to fade and the pace of change accelerates. We live in interesting times.

abromber