The challenges John Ternus inherits as he replaces Tim Cook on Sept. 1 amid rising component costs, staff retention issues, efforts to catch up in AI, and more (Mark Gurman/Bloomberg)

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Mark Gurman / Bloomberg : The challenges John Ternus inherits as he replaces Tim Cook on Sept. 1 amid rising component costs, staff retention issues, efforts to catch up in AI, and more   —  Apple's changing of the guard will be gradual, with outgoing CEO Tim Cook handling Trump, China.