Adrian Perica will be replaced by Steve Smith as Apple's new head of mergers and acquisitions; Perica will continue to be responsible for iCloud, Fitness+, and news businesses. Smith will report to Chief Financial Officer Kivan Parek that the M&A team has returned to finance management for the first time since 2019. Meanwhile, Carson Oliver was promoted to VP of the App Store. This personnel change is part of a series of leadership adjustments in Apple's service department. Eddie Ku will take over the App Store and the rest of the team; Perica and Oliver Schuther are seen as potential successors to the library.

Adrian Perica will be replaced by Steve Smith as Apple's new head of mergers and acquisitions; Perica will continue to be responsible for iCloud, Fitness+, and news businesses. Smith will report to Chief Financial Officer Kivan Parek that the M&A team has returned to finance management for the first time since 2019. Meanwhile, Carson Oliver was promoted to VP of the App Store. This personnel change is part of a series of leadership adjustments in Apple's service department. Eddie Ku will take over the App Store and the rest of the team; Perica and Oliver Schuther are seen as potential successors to the library.