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Tim Cook marks final earnings call as Apple CEO, confirms Ternus will take over calls

During today’s call discussing Apple’s Q3 2026 results, CEO Tim Cook took a moment to mark his final earnings call at the helm of the company, and to confirm that incoming CEO John Ternus will lead future calls. Here’s what he said.

Apple is currently holding its quarterly earnings call to discuss the $109.42 billion in revenue it reported for the third fiscal quarter of 2026.

Before opening the call to questions from analysts, Cook took a moment to reflect on his final earnings call as Apple CEO.

He also confirmed that John Ternus will lead the company’s quarterly calls going forward, something that had remained unclear, since CEOs are not required to participate in them.

Before we get into questions, I just wanted to take a moment to say thank you to all of you from our shareholders, particularly our long-term shareholders, who have put their trust in us for so many years, to the analysts who have followed our company so closely.

As you know, this will be my final earnings call, and John will lead these calls going forward. The transition is going seamlessly, and I am beyond excited for John to step into his new role and lead Apple into its next era.

He is truly one of a kind, and there is no better person to take the helm of the company. As I said, I couldn’t be more confident in his leadership, in our executive team, and in the extraordinary people at Apple, who are determined to enrich the lives of our users all over the world. We have a bright future ahead, and I truly have never been more optimistic. So thank you all, and now Kevin and I will be happy to take your questions.

For the breakdown of Apple’s Q3 2026 results, follow this link.

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Marcus Mendes is a Brazilian tech podcaster and journalist who has been closely following Apple since the mid-2000s.

He began covering Apple news in Brazilian media in 2012 and later broadened his focus to the wider tech industry, hosting a daily podcast for seven years.

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