Apple’s Q2 2026 earnings call included a notable addition this time around, as incoming CEO John Ternus joined the discussion alongside current CEO Tim Cook and CFO Kevan Parekh. Here are the details.
During today’s earnings call covering the company’s second fiscal quarter of 2026, Apple brought incoming CEO John Ternus into the conversation at the outset, where Tim Cook acknowledged the upcoming transition and praised Ternus before handing him the floor for a brief remark.
In his remarks, Ternus thanked Cook and long-time shareholders, praised the company’s financial discipline under Cook, and made clear that the approach will continue, while also pointing to an “incredible roadmap” ahead.
While Tim Cook continued to lead the call after Ternus’s brief remarks, the moment marked his first public appearance following Apple’s leadership transition announcement.
Here’s the full transcript of what Ternus said:
“Thanks, Tim. And thanks to everyone on the call.
In my view, Tim is one of the greatest business leaders of all time. Stepping into the role of CEO is an incredible honor, and it means a great deal to me to have Tim’s trust and confidence.
I want to echo Tim’s sentiment about our shareholders. especially those who have been with us for many years. Thank you so much for your confidence in our company.
As you know, one of the hallmarks of Tim’s tenure has been a deep thoughtfulness, deliberateness, and discipline when it comes to the financial decision-making of the company. And I want you to know that is something Kevin and I intend to continue when I transition into the role in September.
This is an especially exciting moment for Apple. As Tim mentioned, we have an incredible roadmap ahead. And while you’re not gonna get me to talk about the details of that road map, suffice it to say, this is the most exciting time in my 25-year career at Apple to be building products and services.
There are so many opportunities before us, and I couldn’t be more optimistic about what’s to come.
For now, let me simply say, I am deeply grateful to Tim, to the executive team, and to everyone at Apple, and I look forward to all of the important work ahead. And with that, let me turn it back over to Tim.”
Earlier today, Apple released its earnings report for the second fiscal quarter of 2026. The company reported $111.2 billion in revenue, a 17% increase year-over-year.
For the full breakdown of Apple’s earnings results, follow this link.
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