# Fortune Brainstorm Tech participants sat in a circle in Aspen talking about upskilling, reskilling, and retaining talent.

*fintech · news · 2026-05-01 · Fortune*

## Key points

- John Ternus will officially become Apple's CEO in September, succeeding Tim Cook.
- Apple CFO Kevan Parekh forecasts iPhone sales will grow 14% to 17% in Q3, surpassing expectations.
- Meta threatened to pull Facebook, Instagram, and WhatsApp from New Mexico over child safety litigation.
- Nearly half of Alphabet's Q1 profit came from revaluing its investment stake in Anthropic.
- More than half of Amazon's Q1 pre-tax profit came from its investment gains in Anthropic.

**Companies:** Apple, Alphabet, Amazon, Meta
**Countries:** United States

[Read the full story on Fortune](https://fortune.com/2026/05/01/aapl-q2-2026-apple-earnings-call-tim-cook-advice-john-ternus-meta-new-mexico-child-safety-google-amazon-profit-anthropic/)

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