Apple Shares Rise Ahead of Leadership Transition to John Ternus

Apple's shares have risen by nearly 16% in 2026 to $317, despite being around 8% below their July peak of $344.57.

The tech giant is set for a leadership transition on September 1, with John Ternus taking over as CEO from Tim Cook, who will become executive chairman.

Bank of America analysts expect Ternus to adopt a bolder strategy, including increased research and development investments, higher capital expenditures, and potentially larger-scale acquisitions.