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Stockreport

Apple's elevation of silicon head Johny Srouji signals sprint to build in-house chips for all devices [CNBC]

Apple Inc. (AAPL)  More Company Research Source: CNBC
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
It's the latest step in Apple's rapid march toward making chips for all of its key devices. Ternus and Srouji came together for an interview with CNBC in 2023 to tout the company's advancements in silicon. In this article In naming hardware boss John Ternus as its new CEO on Monday, Apple also announced another key promotion that may be almost as significant in gauging the company's direction. Taking over for Ternus as head of hardware will be Johny Srouji, who leads the team that makes Apple's in-house chips. Apple created a new title for Srouji, chief hardware engineer, that's effective immediately. Ternus will become CEO on Sept. 1. Ternus and Srouji make for a formidable pair as Apple marches toward in-house development of all of its chips for iPhones, Macs, AirPods and more. It's a strategy, years in the works, that allows Apple to tightly integrate hardware and software and develop the specific features it needs, while avoiding unnecessary use of precious compute powe [Read more]
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Stockreport

Apple's elevation of silicon head Johny Srouji signals sprint to build in-house chips for all devices [CNBC]

Apple Inc.  (AAPL) 
More Company Research Source: CNBC
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
It's the latest step in Apple's rapid march toward making chips for all of its key devices. Ternus and Srouji came together for an interview with CNBC in 2023 to tout the company's advancements in silicon. In this article In naming hardware boss John Ternus as its new CEO on Monday, Apple also announced another key promotion that may be almost as significant in gauging the company's direction. Taking over for Ternus as head of hardware will be Johny Srouji, who leads the team that makes Apple's in-house chips. Apple created a new title for Srouji, chief hardware engineer, that's effective immediately. Ternus will become CEO on Sept. 1. Ternus and Srouji make for a formidable pair as Apple marches toward in-house development of all of its chips for iPhones, Macs, AirPods and more. It's a strategy, years in the works, that allows Apple to tightly integrate hardware and software and develop the specific features it needs, while avoiding unnecessary use of precious compute powe [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS