Apple’s Q2 2026 earnings call included a notable addition this time around, as new CEO John Ternus joined the discussion alongside current CEO Tim Cook and CFO Kevan Parekh. Here are the details.
First appearance as Apple’s next CEO
During today’s earnings call covering the company’s fiscal 2026 second quarter, Apple first brought new CEO John Ternus into the conversation, where Tim Cook acknowledged the upcoming transition and congratulated Ternus before giving him the floor for a brief remark.
In his remarks, Ternus thanked Cook and longtime shareholders, praised the company’s financial discipline under Cook and made clear the approach would continue, while also highlighting an “incredible roadmap” ahead.
While Tim Cook continued to lead the call after Ternus’ brief remarks, the moment marked his first public appearance following Apple’s leadership transition announcement.
What Ternus said
Here is the full transcript of what Ternus said:
“Thank you, Tim. And thank you to everyone who answered the call.
In my opinion, Tim is one of the greatest business leaders of all time. Stepping into the role of CEO is an incredible honor, and it means a lot to me to have Tim’s trust.
I want to echo Tim’s sentiment about our shareholders. especially those who have been with us for many years. Thank you very much for your trust in our company.
As you know, one of the hallmarks of Tim’s tenure has been his deep thoughtfulness, determination and discipline when it comes to the company’s financial decision-making. And I want you to know that this is something that Kevin and I plan to continue as I transition into this role in September.
This is a particularly exciting time for Apple. As Tim mentioned, we have an incredible roadmap ahead of us. And while you won’t get me into the details of that roadmap, suffice it to say that this is the most exciting time in my 25-year career at Apple building products and services.
There are so many opportunities ahead of us, and I couldn’t be more optimistic about what lies ahead.
For now, let me just say that I am deeply grateful to Tim, to the leadership team, and to everyone at Apple, and I look forward to all the important work that lies ahead. And with that, let me give the floor back to Tim.
Earlier today, Apple released its fiscal second quarter 2026 earnings report. The company reported revenue of $111.2 billion, a 17% year-over-year increase.
For the full breakdown of Apple’s results, follow this link.
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