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“Apple beats revenue expectations in first earnings report under new CEO John Ternus” Apple’s new CEO John Ternus appears to have passed an early test since facing sky-high expectations upon taking over the tech giant from longtime leader Tim Cook in September. In its first earnings report under Ternus, the company beat revenue expectations but…
It’s officially the Ternus era at Apple. Tim Cook stepped down as CEO this week, handing the company to former hardware chief John Ternus, whose first memo promised a “huge launch next week” — timing that puts Apple’s next iPhone event on his desk before he’s even settled in. Cook isn’t going far, though: he’s staying on as Executive Chairman, focused on the kind of policy…
After 15 years, Tim Cook has handed off the Apple CEO role to John Ternus, the company’s senior vice president of hardware engineering. As of Tuesday, Ternus now leads one of the world’s most valuable companies. But if you’re not a dedicated Apple enthusiast, you’ve probably never heard of this man, who has largely remained…
It’s been called RAMageddon: AI’s insatiable demand for hardware has caused a worldwide shortage of memory chips. Now outgoing Apple CEO Tim Cook is warning its customers that your next Mac, iPhone, or iPad could be more expensive thanks to surging memory and storage chips costs. In a recent interview, Cook told the WSJ that…
Apple reported a record quarter on Thursday. Yet outgoing CEO Tim Cook warned of some gathering storm clouds in the form of memory chip supply issues that could impact business in the near future. “Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every…
After 15 years as Apple’s CEO, Tim Cook will be stepping down from the role in September. On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I discussed Apple’s big announcement. We reflected on how Apple has changed since Cook took over from Steve Jobs in 2011, and what challenges incoming…
“It’s time to take a stand against ‘woke AI’ before it compromises our reality” A tweet from Elon Musk this week highlighted the existential danger of morally compromised artificial intelligence models that increasingly control our grip on reality — and despite promising to crack down on woke Big Tech, the Trump administration seems to be…
The Super Bowl is happening in Silicon Valley this Sunday, and the Patriots-Seahawks game at Levi’s Stadium is going to be packed with tech money. YouTube CEO Neal Mohan is expected to be there. Apple’s Tim Cook, too. (He has become a Super Bowl fixture since Apple Music began sponsoring the halftime show several years…
Apple had a great Q1, though iPhone sales were the real standout. The company reports that its signature device had its best quarter ever, thanks partially to a surge of sales in regions like China and India. “iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment,” said CEO…
Apple is getting serious about succession planning, according to a new report in The Financial Times. The company’s board and senior executives are reportedly preparing for the possibility that Tim Cook could step down as CEO as soon as early next year. This would come after Apple’s earnings report in late January, giving the new…