Cook backs Ternus as Apple’s next era begins on final earnings call
TL;DR Summary
On Apple's Q3 2026 earnings call, Tim Cook announced it would be his last as CEO and voiced strong confidence in successor John Ternus, signaling a smooth transition as Ternus steps into the top role; Apple posted $109.4 billion in quarterly revenue (including $54.3 billion from iPhones) and a net profit of $29.8 billion, underscoring a steady path for Apple’s post-Cook era.
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