CNBC Daily Open: Ternus turns the page at Apple
By Lim Hui Jie
Published on April 21, 2026.
Apple is set to transition its CEO to John Ternus, marking only the second leadership transition since Steve Jobs. This transition comes as markets are reportedly ready to move on from the Iran conflict, but U.S. President Donald Trump remains focused on the issue. Meanwhile, the U.N. government has introduced a tariff claims-filing portal tied to roughly $160 billion in refunds following a Supreme Court ruling on a cornerstone of Trump's trade policy. Christmas decor makers in China are already anticipating a bad holiday season due to the Iran war.
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