Apple's WWDC 2026, starting June 8, is expected to feature major AI advancements, including an AI-driven Siri. The keynote may also mark a farewell from CEO Tim Cook before John Ternus takes over in September.
Apple reported fiscal Q2 2026 revenue of $111.2B, up 17% year-over-year and beating estimates, with EPS of $2.01. The company announced CEO Tim Cook will transition to executive chairman on Sept. 1, with John Ternus taking over as CEO. Stock jumped 4% after-hours to around $282. All product categories beat expectations, with iPhone sales up nearly 22% to a March quarter record. Services revenue hit an all-time high. Apple authorized a $100B buyback program and raised dividend 4%.
Apple reported fiscal Q2 earnings beating estimates with EPS of $2.01 vs $1.95 expected and revenue of $111.18B vs $109.66B expected. The stock rose 5% in extended trading. iPhone revenue missed estimates ($56.99B vs $57.21B) for the second time in three quarters, though all other categories beat. The company issued June quarter guidance of 14-17% revenue growth, well above the 9.5% analysts expected. Apple announced a $100B stock repurchase and 4% dividend increase. CEO Tim Cook will step down after 15 years, succeeded by John Ternus on Sept. 1.
Apple reported fiscal Q2 earnings of $2.01 EPS and $111.18 billion revenue, both beating analyst estimates. iPhone revenue of $56.99 billion missed expectations for the second time in three quarters, while services revenue surged to $30.98 billion. The results mark CEO Tim Cook's final quarterly report before stepping down Sept. 1, with incoming CEO John Ternus set to lead the company's AI strategy including a new Google Gemini partnership.
Apple reports fiscal second-quarter earnings Thursday, its first since announcing CEO Tim Cook's departure after 15 years. Wall Street expects EPS of $1.95 on $109.7 billion in revenue, with iPhone sales projected up 20% to $56.7 billion driven by iPhone 17 popularity. Investors will closely scrutinize incoming CEO John Ternus's AI strategy following Apple's Google Gemini partnership and compare Apple's AI spending to peers spending over $500 billion annually.
Tim Cook, described as a close friend of Steve Jobs, is reportedly stepping down in September, leaving behind a team of executives bridging the gap between two eras of Apple leadership.
Apple announced John Ternus will succeed Tim Cook as CEO by September 2026, just as cybersecurity researchers uncovered a wave of fraudulent crypto wallet apps in the App Store. Kaspersky identified 26 apps impersonating major crypto brands including MetaMask, Ledger, Trust Wallet, and Coinbase, linked to a campaign called SparkKitty. American musician G. Love lost 5.9 Bitcoin (~$436,000) via a fake Ledger app. The timing presents Ternus with an immediate security challenge to Apple's 'walled garden' reputation.
Apple announced John Ternus will become CEO by Sept. 1, 2026, with Tim Cook moving to executive chairman. The leadership transition coincides with a major security crisis: cybersecurity researchers discovered 26 fraudulent crypto wallet apps impersonating MetaMask, Ledger, Trust Wallet, and Coinbase, linked to a malware campaign called SparkKitty. American musician G. Love lost 5.9 Bitcoin (~$436,000) after downloading a fake Ledger app, highlighting the immediate challenge facing Ternus.
Apple announced Monday that CEO Tim Cook will resign in September and become executive chairman, with hardware chief John Ternus taking over. Trump claimed Cook once called him to 'kiss his a*s' while discussing their history of direct contact, including early first-term calls about tariff issues. During the 2025 US-China trade conflict, Cook lobbied the White House directly to secure tariff exemptions for Apple. Trump has pushed for Apple manufacturing to move to the US and clashed over the company's DEI policies.
Donald Trump praised Tim Cook as an 'incredible guy' and a 'big fan' on Truth Social after Apple announced Cook will become executive chairman and step down as CEO. Trump recounted that Cook reached out to him during his first presidential term for help with a major issue only the president could resolve. Trump also made an unusual remark saying he was impressed to have the head of Apple calling to 'kiss my ass.' John Ternus will become CEO on September 1, 2026.
Apple has announced that CEO Tim Cook will step down on September 1, 2026, with hardware engineering chief John Ternus set to take over. Cook will remain with the company as executive chairman.
