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Apple shares briefly touched $345.34 shortly after markets opened, topping the previous intraday record of $344.57 set in July. The milestone comes just three weeks after Tim Cook handed the CEO role to John Ternus, with shares having recovered from post-earnings losses and a shaky start to the transition.
After spending a week testing both Apple's newly unveiled iPhone Duo and Samsung's Galaxy Z Fold 8, an Android Authority reviewer concludes he'd still choose Samsung's foldable if spending his own money. The comparison highlights that the iPhone Duo, unveiled at Apple's September 9 event under new CEO John Ternus, weighs 254 grams and measures 11.3mm folded, while the Galaxy Z Fold 8 comes in at 201 grams and 9.7mm.
In an interview with Clique TV, Apple's John Ternus reflected on being asked by Tim Cook to take on the CEO role, describing the moment as unexpected and humbling. He also spoke about lessons learned from Steve Jobs and Tim Cook, emphasizing a focus on future innovation, and shared enthusiasm about generative AI's potential to enable products once thought to be science fiction.
Apple's new hardware chief John Ternus discussed Vision Pro's slow sales during an interview with French outlet Clique TV, comparing the device to the earliest days of personal computing. He noted surgeons and film production crews are already finding practical uses for the headset, similar to how early Macs found niche applications like desktop publishing before becoming mainstream.
In a Decoder podcast interview, Bloomberg's Mark Gurman discussed Apple's recent iPhone hardware event, which marked John Ternus's debut as CEO following Tim Cook's departure less than two weeks earlier. The event also introduced the iPhone Duo, Apple's first foldable smartphone, a launch Gurman says was deliberately timed to coincide with the leadership transition.
New Apple CEO John Ternus greeted customers in person at Apple's Fifth Avenue store in New York as the iPhone 18 Pro and Pro Max went on sale, taking selfies and signing boxes for fans who had preordered the devices. It marked his first public product launch appearance since succeeding Tim Cook, continuing Apple's tradition of CEO-attended store openings.
Following Apple's unveiling of its $1,999 foldable iPhone Duo, Samsung's social media team launched a mocking campaign, calling the device 'so far, so same' and joking about 'reheated leftovers.' Samsung, which released the first mainstream foldable phone in 2019 and has since shipped around 20 models, is leaning on its years of foldable experience to needle Apple's late entry. Duolingo's owl mascot also joined in, joking about the 'Duo' name, while Apple executive John Ternus defended the device as an 'entirely new design' rather than 'two phones awkwardly stuck together.'
Despite stepping down as Apple CEO, Tim Cook has kept the responsibility of engaging with governments as part of his new executive chairman title. Bloomberg reports Cook, along with OpenAI's Sam Altman, will attend a White House state dinner honoring Chinese President Xi Jinping amid tense US-China relations over AI, trade and geopolitics.
Apple is reportedly building an enterprise AI server powered by future M8 Ultra chips, expected to launch in 2029 in configurations with two or four chips, according to The Information. The project reportedly began about a year ago with backing from John Ternus, now Apple's CEO, when he still led hardware engineering. This would be Apple's first server product in roughly twenty years.
According to The Information, Apple is developing enterprise-grade AI servers built around its future M8 Ultra chip, intended for sale to AI developers, businesses and governments rather than just internal use. Two configurations are reportedly planned, one linking two M8 Ultra chips and another linking four, with Apple weighing Nvidia's NVLink Fusion networking tools to connect them. The project has been underway for about a year with CEO John Ternus reportedly supportive, though nothing is finalized and launch isn't expected before 2029.
Filmmaker Todd Vaziri posted a video comparing Apple's 2026 keynote opener to scenes from the James Bond film Skyfall, pointing out matching camera angles and framing used to introduce Tim Cook and new CEO John Ternus. He also noted a gunbarrel-style sequence referencing the iPhone 18 Pro's variable aperture camera.
John Ternus, who took over as Apple CEO two weeks ago, appeared at the Emmy Awards and was seen showing off Apple's unreleased foldable iPhone Duo to press and attendees. The device, pulled from his tuxedo jacket pocket, is set to launch next month starting at $1999.