Tim Cook’s final Apple earnings call names Ternus

Tim Cook presided over his final quarterly earnings call as Apple's CEO on Thursday, July 30, formally marking the end of his tenure in the role and confirming the leadership transition to his successor, John Ternus. The call, which discussed the company's financial results for its third fiscal quarter of 2026, served as a platform for Cook's farewell to shareholders and analysts after more than 15 years at the helm.

During the call, Cook took a moment before the question-and-answer session to express gratitude. He thanked long-term shareholders and the analyst community for their trust and engagement over the years. Cook confirmed that Ternus, currently Apple's senior vice president of hardware engineering, will lead all future quarterly earnings calls. The outgoing CEO described the leadership transition as seamless and expressed strong confidence in his successor, stating there is no better person to lead Apple into its next era.

The company reported revenue of $109.42 billion for the quarter, continuing its pattern of strong financial performance. Cook leaves as Apple solidifies its position as the world's most valuable publicly traded company, having recently surpassed a $5...