Tim Cook led Apple from August 2011, and over those 15 years annual revenue rose from $108 billion in fiscal 2011 to $416 billion in fiscal 2025. iPhone sales also climbed from roughly $47 billion to nearly $210 billion, while the services business generated $30.74 billion in fiscal third quarter 2026 with a gross margin above 75%. Cook also used strong cash flow to repurchase shares, which helped lift earnings per share. John Ternus became CEO on Sept. 1 facing a different challenge: Apple already has more than 2.5 billion active devices, but with revenue above $400 billion, growth is much harder to sustain. The article argues that Ternus's opportunity is to make Apple's large customer base more valuable rather than to repeat Cook's pace of growth.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
AAPL
▲ Likely positiveApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/14/2026 | 342.96 |
| Change that session | +0.50% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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