Apple’s incoming CEO John Ternus makes appearance
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Apple’s Q2 2026 earnings call included a notable addition this time around, as incoming CEO John Ternus joined the discussion alongside current CEO Tim Cook and CFO Kevan Parekh.
Powered by iPhone 17 sales, Apple reported a gross profit margin approaching 50%.
John Ternus, Apple's incoming CEO, is a hardware guy, signaling Apple may be putting devices back at the center of its strategy.
Apple has seen demand for its iPhone reach new heights with sales growth in China outpacing all other regions. Overall, sales of Apple products grew 17% to $111bn (£81bn) in the first three months of the year,
Company details $111.2bn in revenue in first earnings report after announcement of Cook’s pending departure