It's a big start to September for Apple (AAPL) as John Ternus takes over as CEO ahead of its "Surprise and Shine" event on September 9. Josh Taves sees Ternus' tenure being one that focuses more on hardware than any prior company leader. He points to the Apple Watch as one product in particular that will become a hardware and software revenue stream for Apple. Josh also outlines how a foldable iPhone can offer a new innovation opportunity.