Apple's new boss starts with big gamble on costly first folding iPhone
Apple showed off at an event the first major design change to the iPhone in almost 20 years.
Critics say Apple has not meaningfully changed the design of the iPhone since its initial release in 2007
John Ternus has entered his second week as Apple's chief executive and the company has revealed the first major change to the iPhone since it was released almost 20 years ago.
Ternus, who took on Apple's top job after Tim Cook stepped down, was onstage on Wednesday at the company's annual product release event in front of huge images of the first foldable iPhone.
Ternus was directly involved in developing the foldable iPhone as he spent many years as a top executive inside Apple's hardware division before being tapped earlier this year as Cook's successor.