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Apple's New CEO Ternus Set for Debut Amid Anticipation and Speculation

Guavy AI Editorial Team
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AAPL
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Apple's new CEO, John Ternus, has taken office and issued his first company-wide memo. Shares of Apple (AAPL.US) rose 2.61% on September 1, bringing its market capitalization to $4.75 trillion. The company is set to hold an autumn launch event on September 10 at 1:00 AM Beijing time, where Ternus will make his first major announcement as CEO.

Ternus described the upcoming announcement as 'extraordinary', fueling speculation that Apple's highly-anticipated foldable iPhone may debut next week. The market is closely watching whether this product will meet expectations and potentially propel Apple's market capitalization past $5 trillion.

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