Apple's leadership change is the start of a new phase for the iPhone maker, in which the focus will be on whether its deep ‌hardware heritage can be successfully fused with AI to sustain growth in a fast-evolving ‌tech landscape, Wall Street analysts said. Apple faces mounting AI‑driven competition and pressure from the Trump administration to bring more manufacturing back ​home. Investors would be keen to see how CEO John Ternus navigates Washington's changing policies, an area that was deftly managed by his predecessor Tim Cook.