There was a notable addition in Apple's Q2 2026 earnings call; new CEO John Ternus joined the discussion alongside current CEO Tim Cook and CFO Kevan Parekh. Here are the details.

First Appearance as Apple's New CEO

In today's earnings call, which covered the second quarter of the company's fiscal year 2026, Apple included new CEO John Ternus in the discussion. Tim Cook acknowledged the upcoming transition and praised Ternus, then gave him the floor for a brief speech.

Ternus thanked Cook and long-term shareholders in his speech, praised the company's financial discipline, and stated that this approach would continue. He also emphasized that they have an "incredible roadmap" ahead of them.

Tim Cook continued to lead the call after Ternus's brief speech, but this moment marked Ternus's first public appearance following the announcement of Apple's leadership transition.

What Ternus Said

The full text of Ternus's remarks is as follows:

“Thank you, Tim. And thank you to everyone on the call.

In my opinion, Tim is one of the greatest business leaders of all time. Stepping into the CEO role is an incredible honor, and earning Tim's trust and confidence means a lot to me.

I want to reiterate Tim's sentiments to our shareholders, especially to those who have been with us for many years. Thank you very much for your trust in our company.

As you know, one of the most notable features of Tim's tenure has been a deep thoughtfulness, care, and discipline in the company's financial decision-making processes. I want you to know that Kevin and I will continue this 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 of us. While I won't speak about the details of that roadmap, this is the most exciting time in my 25-year career at Apple to develop products and services.

There are many opportunities ahead of us, and I couldn't be more optimistic about the future.

For now, I want to express my deep gratitude to Tim, the management team, and everyone at Apple, and I look forward to the important work ahead. And with that, I’ll hand it back to Tim.”

Earlier today, Apple announced its earnings report for Q2 2026. The company reported revenues of $111.2 billion, a 17% annual increase.

Follow this link for the full breakdown of Apple's earnings results.

Expectations About Apple's Future