Apple CEO John Ternus faces first earnings test

Apple CEO John Ternus hosts his debut earnings call today amid rising memory chip costs and slower services growth. Investors will scrutinize the holiday outlook and AI strategy.

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FILE PHOTO: John Ternus, Apple CEO greets and takes photos with customers who came to purchase the new foldable iPhone Duo on the launch day at the Apple store in Austin, Texas, US, October 23, 2026. REUTERS/Jan Sonnenmair/File Photo

APPLE INC CEO John Ternus hosts his first earnings call on Monday, facing a test as surging memory costs squeeze profit growth. The executive oversees a hardware blitz featuring foldable phones and touch-screen laptops amid escalating chip expenses. Investors will scrutinize holiday forecasts and AI strategies to gauge the hardware giant's growth trajectory.