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Apple earnings

Apple reports fourth-quarter results under new CEO John Ternus

CNBC is running live coverage of the company's first earnings report since the leadership change, with revenue, iPhone sales, China and AI in focus

1 min read
83 Trust score
83/100 Well backed by other sources

An independent AI check searched the web for this story's main claims. The newsroom cannot change this score.

  • Confirmed elsewhere 2 of 3
  • Not found either way 1 of 3
  • Disputed elsewhere 0 of 3

Our verification desk checked this story, and an editor approved it before it was published.

See how we checked this
Apple reports fourth-quarter results under new CEO John Ternus

Apple is set to report its fourth-quarter 2026 earnings on Monday, the first Wall Street test since John Ternus became the company's chief executive, according to CNBC's live coverage.

CNBC said its live updates page follows the report for revenue, earnings per share, iPhone sales, performance in China, artificial intelligence updates, guidance for the holiday period and the reaction in Apple's stock, which trades as AAPL.

The figures themselves were not available in the information supplied for this report. No results, guidance or share-price movement can be reported yet.

Apple has said Tim Cook would step down as CEO and that Ternus would take over on Sept. 1. Cook was to become executive chairman.

The earnings report is the next point at which investors can assess the company under its new leadership. CNBC's live page is expected to carry updates as the results are released.

How this story was checked

2 of 3 main claims confirmed by other sources. An editor checked the story and approved it before it was published.

Independent web check · Trust score 83/100

An AI check searched the web for each main claim. The score comes only from what it found, so the newsroom cannot change it. How the score works

  1. Confirmed Apple has said Tim Cook would step down as CEO and Ternus would take over on Sept. 1. TechCrunch reports Apple announced on April 20, 2026 that Cook steps down and Ternus becomes CEO on September 1. Tim Cook stepping down as Apple CEO, John Ternus taking over
  2. Confirmed Cook was to become executive chairman. TechCrunch reports Cook stays at Apple as executive chairman, and Ternus joins the board. Tim Cook stepping down as Apple CEO, John Ternus taking over
  3. Not found Apple is set to report its fourth-quarter 2026 earnings on Monday, the first Wall Street test under Ternus, according to CNBC's live coverage. I found no Apple announcement or CNBC page giving this date. The story relies on CNBC's coverage, which I couldn't open. Apple's fiscal fourth quarter usually ends in late September and is reported around late October or early November, and Apple usually reports on a Thursday, so the Monday date is worth checking.

Our newsroom's record

An editor checked 6 claims in this story against 7 sources before it was published.

Claims checked: 6. Sources used: 7. 5 matched to a source we list. 1 without a second source of our own (the web check above may still have found one).

Sources the newsroom lists

  1. Apple earnings live updates: New CEO John Ternus faces first Wall Street test (News report or publication)
  2. Apple's new CEO Ternus to face first earnings test as memory costs surge (Reuters via The Star) (News report or publication)
  3. John Ternus Hosting His First Earnings Call as Apple CEO Today - MacRumors (News report or publication)
  4. Apple says John Ternus will be new CEO, Tim Cook will transition to executive chairman (News report or publication)
  5. John Ternus takes over Apple as Tim Cook steps aside (News report or publication)
  6. Apple to report Q4 earnings Monday, with iPhone 18 sales in the spotlight (News report or publication)
  7. Tim Cook stepping down as Apple CEO, John Ternus taking over (News report or publication)

Independent web check on Nov 2, 2026. Checked by our verification desk on Nov 2, 2026. An editor approved the story before it was published. Our standards

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Apple leadership Tim Cook to step down as Apple CEO; John Ternus to take over Sept. 1 Shared tag: Apple Cook, 65, will become executive chairman after 15 years leading Apple. The board approved the plan following a long-term succession process, the company said

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