Business · Companies · 1 hr ago
Apple CEO John Ternus faces first earnings call amid investor scrutiny
Apple CEO John Ternus will host his first earnings call on Monday, after taking over from Tim Cook in September.
Investors will look for his outlook on costs, sales and the holiday quarter.
Apple’s new products include its first foldable phone, the iPhone Duo, along with a smart home hub, updated Siri and touch-screen laptops.
Some Duo owners have reported cracks or lines along the screen’s fold, and Apple says the problem affects a small number of phones.
The screen reports raise questions about demand and replacements, as the phone costs about $2,000 and delivery waits are reported to be long.
Rising memory-chip costs could slow profit growth, while analysts expect Apple’s revenue and iPhone sales to rise in its latest quarter.
Investors will also assess Apple’s AI strategy and whether it can support growth in services as rivals develop AI tools and devices.
The call will include Apple’s forecast for the holiday quarter, when sales of the Duo are expected to contribute.
Apple CEO John Ternus is set to host his first earnings call as chief executive on Monday.
Investors are watching the company’s forecast, rising memory-chip costs and its artificial intelligence strategy.
Ternus took over from Tim Cook in September and has overseen the launch of Apple’s first foldable phone, the iPhone Duo.
Some Duo buyers have reported cracked screens, while Apple says the issue affects a small number of units.
Analysts expect Apple’s quarterly revenue to rise to $113.39 billion, with services growth slowing to its weakest pace in more than three years.
- Who
- Apple CEO John Ternus will host the call. Investors and analysts will scrutinise the company’s outlook.
- What
- Ternus will hold his first earnings call as CEO, with attention on Apple’s forecast, AI strategy and rising memory-chip costs.
- When
- Monday, 2 November 2026.
- Where
- Not stated.
- Why
- Investors want to assess whether new products can offset rising costs and how Apple plans to approach AI and its services business.
This story does not have two clearly opposing sides.
John Ternus took over as Apple CEO from Tim Cook.
Apple’s first foldable phone, the iPhone Duo, came out.
Ternus was scheduled to host his first earnings call as Apple CEO.
- New CEO
- John Ternus
- Previous CEO
- Tim Cook
- iPhone Duo price
- Starts at $1,999 in the US
- Expected fourth-quarter revenue
- $113.39 billion
- Expected services revenue
- $31.56 billion
3 sources
What people are saying
Recent agentic innovation far outpaces our experience with Siri AI, but Apple has acknowledged that Siri AI... is far more focused on trust/privacy
The new Duo offers an opportunity to reinvigorate sales, but its premium pricing and reports of cracked screens present challenges for the tech giant
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