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Tim Cook’s Final Earnings Call | Durham News
Apple’s July 30 earnings call marks Tim Cook’s final appearance as CEO, handing the reins to John Ternus — a historic moment as the company eyes its next chapter. Bank of America projects a stellar Q3 with $109B in revenue and $1.89 EPS, up 16% YoY, driven by iPhone sales (projected 20% growth) and resilient Services. While margin pressure from high component costs — especially memory chips — may dip through September, analysts expect a rebound with the fall iPhone lineup, including a premium foldable model, plus a potential $3B tariff recovery. A major operational shift: some iPhone models…
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