Apple’s New CEO Said He Will Continue the Company's Tradition of Secrecy—and Wall Street Loved It

Apple’s new CEO said he will continue the company's tradition of secrecy—and Wall Street loved it

Good morning. On Fortune’s radar today: Apple’s loud, public secrecy. Markets: Up, up, and away! Yikes: Capex has been negative for six straight quarters. The Fed considers the “h” word. Don’t expect Congress to end the war. The price of fried eggs in Tehran. Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and p…

Apple's Incoming CEO Makes His Earnings Call Debut

Before he faces the public in September, Ternus is chatting up the people who matter: investors.

Incoming Apple CEO John Ternus Makes Wall Street Cameo With Words Of Wisdom From Tim Cook

Tim Cook, who will pass Apple’s CEO baton to John Ternus September 1, brought the executive along to the company’s earnings call today to say a quick hello. “We have an incredible roadmap ahead. And while you’re not going to get me to talk about the details of that roadmap, suffice it to say this is the most exciting time in my 25-year career at Apple to be building products and services,” Ternus told analysts after the tech giant posted a blo…

Apple earnings become sideshow with new CEO ready to grab reins

Apple Inc. investors will be largely looking past reported earnings and seeking clues to incoming CEO John Ternus’ strategic plans. Read now

Apple’s AI Challenge Moves to Center Stage as Ternus Era Begins

Apple’s earnings call was, on the surface, a story about iPhone momentum and Mac demand. iPhone revenue rose 22% year over year, Mac revenue rose 6%, and executives repeatedly pointed to supply constraints as evidence that demand was outpacing what Apple could deliver. But underneath the product numbers was a more complicated issue: Apple is still working through where artificial intelligence (AI), especially agentic AI, fits inside a …