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Apple Earnings Become Sideshow With New CEO Ready to Grab Reins [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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Most Read from Bloomberg North Korea Confirms Suicide Rule for Soldiers Ukraine Captures Junior Bankers Sick of Grunt Work Build $2 Billion AI Tool to Do the Job US Seeks to Deploy Hypersonic Missile for the First Time Against Iran UAE Quits OPEC as War Upends Oil Markets and Gulf Tensions Rise US Brain Implant Company Tests in China in Apparent First The iPhone maker announced last week that Ternus, its current head of hardware infrastructure, will take over for CEO Tim Cook on Sept. 1. That makes Apple's fiscal second-quarter earnings report, outlook and conference call the first significant opportunity for Wall Street to get a reading on the new leader's priorities. It isn't clear if Ternus will appear on the call, and a company spokesperson declined to comment. “It isn't really about the numbers,” said Anthony Saglimbene, chief market strategist at Ameriprise. “We want to know what the CEO transition looks like.” Ternus is taking over at a complex time for one of
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