Apple CEO Ternus Faces Earnings Test Amid Memory Costs

John Ternus, Apple's new CEO, is set to host his first earnings call on Monday, November 9, 2026, as the company confronts a surge in memory costs. Investors will closely examine Apple's forecast to assess whether its new product lineup can counterbalance these rising expenses.

Since taking over from Tim Cook in September, Ternus has launched several new products, including Apple's first foldable phone, smart home hub, and touch-screen laptops. These devices began shipping during the current fiscal first quarter, which has been impacted by significant increases in memory chip costs.

Ternus recently greeted customers at the Apple store in Austin, Texas, on October 23, 2026, where the new foldable iPhone Duo was launched.