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Apple's Ternus Era Begins with Foldable iPhone and Retail Lottery

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AAPL
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Apple is gearing up for its September product launch under new CEO John Ternus. The company will be using a retail employee lottery to staff the event, marking a new approach to staffing Apple's biggest retail facing event of the year.

The September showcase is expected to feature multiple flagship devices, including a first foldable iPhone, new iPhone 18 Pro models, and updated Apple Watch lines.

Apple has been on a long run of positive longer-term returns, with a gain of 42.5% over the past year and 114.9% over five years. The company's stock price is currently at $312.41.

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