Apple may have revealed a big earnings clue by announcing Tim Cook successor [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
The news that shook the often steady Apple cart: Apple said Monday afternoon that longtime later this year and transition to executive chairman. As many on the Street expected, he will be succeeded by John Ternus, currently Apple's senior vice president of hardware engineering. Ternus will take the helm on Sept. 1. What Yahoo Finance is hearing on this C-suite shake-up The timing of the announcement caught some on Wall Street by surprise, perhaps explaining why the stock is down close to 3% on Tuesday. But B. Riley chief market strategist Art Hogan and Visible Alpha Research at S&P Global head Melissa Otto each raise a good point: Apple is likely poised to report a strong quarter on April 30. "You don't make an announcement like this on a Monday night if you think you're missing your earnings," Hogan said on Yahoo Finance's . "One signal you can take from this right now is the earnings are in the bag and the guidance is going to be positive. That's my only takeaway. I think the n
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- Apple At 50: A Leadership Shift And An AR Future [Yahoo! Finance]Yahoo! Finance
- Everything to know about Apple's incoming CEO John Ternus [Yahoo! Finance Canada]Yahoo! Finance Canada
- Apple At 50: A Leadership Shift And An AR Future [Forbes]Forbes
- Apple became a $4 trillion company under Tim Cook. What happens now? [USA TODAY]USA TODAY
- Stock market today: Dow, S&P 500, Nasdaq slide amid US-Iran peace talk uncertainty [Yahoo! Finance]Yahoo! Finance
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