Apple reports Ternus's first earnings
The gist
Apple reported $114.5 billion in revenue, up 12%, in CEO John Ternus's first earnings report.
The beat came as iPhone sales topped estimates, but China and iPad sales missed.
How it unfolded
- Sep 1, 2026John Ternus took over as Apple CEO from Tim Cook.
- Oct 28, 2026Ternus launched a new MacBook Pro with a touch screen in Los Angeles.
- Nov 2, 2026Apple reported fiscal fourth-quarter revenue of $114.5 billion, up 12% from $102.5 billion, and earnings of $30.71 billion, or $2.10 per share, up from $27.47 billion, or $1.85 per share, a year earlier; earnings included 5 cents per share from tariff refunds.