- Tim Cook stated, This will be my final earnings call, and John will lead these calls going forward, emphasizing the transition to John Ternus as the new CEO.
- Tim Cook expressed his confidence in John Ternus, saying, The transition is going seamlessly, and I am beyond excited for John to step into his new role and lead Apple into its next era.
- Tim Cook remarked, He is truly one of a kind, and there is no better person to take the helm of the company.
- Apple is expected to release its new products in September 2026, marking a significant debut for John Ternus as CEO.
- Tim Cook stated, John is the perfect person for this role, and the whole thing has just been great.
- Apple's Q3 earnings call reported $109.4 billion in quarterly revenue, an increase of 16 percent year over year.
- Of the total revenue, $54.3 billion came from iPhones alone.
- Apple achieved a net quarterly profit of $29.8 billion.
Tim Cook announced that John Ternus will succeed him as CEO of Apple, calling him 'the perfect person for this role.' Cook expressed his enthusiasm for the transition, stating, 'The transition is going seamlessly, and I am beyond excited for John to step into his new role.'123458
Ternus's leadership comes at a pivotal time for Apple, which recently reported $109.4 billion in quarterly revenue, marking a 16 percent increase year over year. Notably, $54.3 billion of this revenue was generated from iPhone sales alone, contributing to a net quarterly profit of $29.8 billion.67
Cook's final earnings call highlighted the company's strong performance and set the stage for Ternus to lead Apple into its next era. He emphasized Ternus's unique qualifications, stating, 'He is truly one of a kind, and there is no better person to take the helm of the company.' As Ternus prepares for his new role, Apple is expected to unveil significant developments, including new product releases, further solidifying its position in the tech industry.
“Tim Cook expressed confidence in John Ternus, stating, 'The transition is going seamlessly, and I am beyond excited for John to step into his new role.' Apple is also expected to release new products in September 2026, marking a significant debut for Ternus as CEO.”

