Apple's Earnings Fireworks: Cook's Exit, Ternus' Rise
Global News Today | 2 Min News | The Daily News Now!
- Published
- May 1, 2026
- Duration
- 1:44
- Summary source
- description
- Last updated
- May 2, 2026
Discusses daily.
Summary
Apples Q1 earnings shattered expectations, with revenue surging past $119 billion and EPS topping $1.95. iPhone sales hit a March record, driving double-digit growth in every region. Tim Cooks departure as CEO, handing the reins to John Ternus, marks a leadership shift. Cook will remain as executive chairman. The new iPhone seventeen lineup, including the…
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Show notes
Apples Q1 earnings shattered expectations, with revenue surging past $119 billion and EPS topping $1.95. iPhone sales hit a March record, driving double-digit growth in every region. Tim Cooks departure as CEO, handing the reins to John Ternus, marks a leadership shift. Cook will remain as executive chairman. The new iPhone seventeen lineup, including the budget-friendly iPhone seventeen e, and the MacBook Neo, are in high demand, but supply chains face challenges due to shortages and rising mem
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