1 revisions for "The Final Act: Apple's Record Quarter, the AI Supercycle, and the End of the Tim Cook Era"
Apple reported record Q2 FY2026 revenue of $111.2 billion, up 17% year-over-year, driven by what CEO Tim Cook called "off the charts" iPhone 17 demand. The results arrived just days after Apple announced Cook will step down as CEO on September 1, 2026, handing control to hardware chief John Ternus — closing a 15-year tenure that grew the company's market capitalization from $350 billion to $4 trillion.