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Apple is expected to post $109.5 billion in revenue with adjusted earnings per share of $1.92.
John Ternus will officially become Apple CEO on September 1, succeeding Tim Cook.
KEY POINTS
- UBS reports that rising memory prices have helped Apple gain smartphone market share from Android.
- Apple's Mac Mini is experiencing heightened demand due to its ability to run AI agents like OpenClaw.
- Bank of America expects Apple to announce a new buyback, a foldable iPhone, and Siri-Gemini AI integration.
COMPANIES
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