Cook backs Ternus as Apple’s next era begins on final earnings call
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.