Apple's stock surged 2.5% on Tuesday, its highest single-day jump since late July.
Newly appointed CEO John Ternus touted an upcoming product launch as 'phenomenal' in his first official memo to staff.
Ternus praised predecessor Tim Cook and highlighted Apple's hardware innovation roadmap in his internal note.
The company is preparing for a September 9 event to unveil its first foldable iPhone and expand into smart home devices.
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