12:16 PM EDT, 05/19/2026 (MT Newswires) -- Apple's (AAPL) Chief Hardware Officer Johny Srouji is reorganizing hardware development and shifting oversight of core functions to speed up work on future devices, Bloomberg reported Tuesday, citing people familiar with the matter.

The shuffling, including in product design, was made this month and is intended to better integrate teams working on in-house silicon with those creating products, the report said.

Apple did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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