Apple's First Report Card Under John Ternus: Five Numbers Wall Street Is Watching

A foldable iPhone, surging memory costs and an AI strategy built on privacy: America's iconic tech giant faces its new CEO's first earnings test.

By Clara Hughes

America's most iconic technology company is about to show investors its first quarterly results under a new chief executive. John Ternus, who took over from Tim Cook as Apple's CEO in September, hosts his first earnings call on Monday, US time, Reuters reported. The timing is striking: election eve, with markets already on edge. And the stakes are high, because Apple has spent the autumn launching more new hardware than in years while a squeeze on memory-chip costs threatens its profits. Reuters said investors will focus on three things: Apple's holiday-quarter forecast, what Ternus says about AI and the revamped Siri, and how badly memory costs are biting. Here is what Wall Street expects, and why it matters for the millions of American households and retirement accounts that hold Apple