business / news / / Barchart
Apple (AAPL) is enjoying strong backing from Wall Street as it prepares to report its fiscal 2026 Q2 results later this month.
Apple CEO Tim Cook will step down on September 1, transitioning to executive chairman.
KEY POINTS
- John Ternus, SVP of Hardware Engineering, will become Apple's new CEO in September 2026.
- Apple is expected to unveil a revamped Siri powered by Google's Gemini AI models at WWDC 2026.
- A foldable iPhone may debut soon after Cook's departure, potentially driving new product excitement.
- Morgan Stanley suggests Apple's April 30 earnings may reset investor sentiment and spur a stock rally.
COMPANIES
Summarized by Newsio from Barchart. How we summarize →