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Cyprus Sees a Surge In Tourism Revenue: February’s Significant Gains And What It Means

In February 2025, Cyprus reported a notable €79.7 million in tourism revenue, reflecting a remarkable 22.4% increase from the same period last year when earnings stood at €65.1 million, according to the latest release by the statistical service.

Year-to-Date Performance

Taking a broader view, the combined revenue for the first two months of 2025 reached €148.9 million, soaring by 35% compared to €110.3 million during the same months in 2024.

Spending Patterns of Tourists

The per capita expenditure for February rose by 14.3%, amounting to €595.71 compared to €521.01 in February 2024. Among the tourists, British visitors, accounting for 24.8% of the arrivals, spent an average of €73.42 per day. Polish tourists made up 15.1% of the total arrivals and spent €71.07 daily. Intriguingly, visitors from Israel had the highest daily spending at €203.06.

Future Prospects

Looking ahead, Harris Papacharalambous, President of Cyprus Travel and Tourism Agents Association, anticipates that a total of 4.25 million tourists will visit Cyprus by the end of the year. The vision for 2026 is to enhance the island’s tourism offerings with innovative changes, turning it into a regional hub for tourism activities, thanks to Cyprus’ strategic geographical position.

For further exploration of Cyprus’s rapid growth and economic potential, read about Cyprus’s fastest-growing tech companies and their global impact.

John Ternus Takes Apple CEO Role As AI Challenge Grows

After 15 years as Apple’s chief executive, Tim Cook has handed the role to John Ternus, the company’s senior vice president of hardware engineering. The transition puts Ternus in charge of one of the world’s most valuable companies as Apple faces growing pressure to compete in artificial intelligence as well as hardware.

For Apple insiders, Ternus is hardly a new figure. He has spent more than two decades inside the company’s hardware organization, rising through a culture focused on product quality, precision and long-term execution.

A Veteran Takes The Helm

The leadership change comes as Apple prepares for its next iPhone launch while also upgrading Siri with technology powered by Google’s Gemini. That combination highlights the challenge facing Ternus: maintaining Apple’s hardware strength while closing a widening gap in AI.

Cook, who will remain as executive chairman, described Ternus as deeply aligned with Apple’s product culture. “Few people understand what it takes to build products that change the world the way John does,” Cook wrote in a farewell message to employees.

Ternus joined Apple in 2001 after beginning his career at Virtual Research Systems, a small virtual-reality hardware company. He became vice president of hardware engineering in 2013 and senior vice president in 2021.

At 51, he is 15 years younger than Cook and becomes only the third CEO to lead Apple since 1997, when Steve Jobs returned to the company.

From Hardware Details To Major Products

Ternus oversaw Apple’s hardware engineering and worked on products including AirPods, Apple Watch and Vision Pro. He was also involved in the transition from Intel processors to Apple’s own silicon, one of the company’s most significant recent hardware changes.

His approach has long emphasized technical detail and humility. In a 2024 commencement address at the University of Pennsylvania’s engineering school, Ternus said: “Always assume you’re as smart as anyone else in the room, but never assume that you know as much as they do.”

That attention to detail dates back to his early years at Apple. While inspecting components for the Apple Cinema Display, he once spent time at a supplier facility counting grooves on a screw head to determine whether it met Apple’s specifications.

More recently, Ternus helped oversee development of the MacBook Neo, Apple’s lower-priced laptop. In an interview with Tom’s Guide, he said the company’s quality standards had not changed despite the product’s lower price.

“We never want to ship junk. We want to ship great products that have that Apple experience, that Apple quality,” he said.

AI Will Be A Key Test

As CEO, Ternus will need to shape Apple’s response to rapidly advancing AI technology while continuing to develop its hardware portfolio.

The company is already using Google Gemini to power an upgraded Siri experience, while the future of products such as Vision Pro remains another strategic question. His tenure will test whether Apple can apply its hardware discipline to software and AI, where product development is less predictable.

A Low-Profile CEO Takes Over

Ternus has maintained a relatively low public profile compared with other technology executives. He recently joined X, while most details of his personal life remain private.

Before joining Apple, he worked at Virtual Research Systems and later studied engineering at the University of Pennsylvania. There, he contributed to a project developing a feeding arm controlled by head movements for people with quadriplegia.

Apple is now entering another leadership era with a CEO who has spent most of his career inside the company. His central challenge will be to preserve the product discipline that shaped Apple while accelerating its response to AI.

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