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Apple disclosed in its Q4 2026 earnings that annual research and development spending reached $45.77 billion, a 32% jump from $34.55 billion in fiscal 2025. Quarterly R&D spend in Q4 was $11.73 billion, up from $8.87 billion a year earlier but nearly flat versus Q3, rising by just $1 million.
Apple has introduced a touchscreen MacBook Pro, abandoning its long-held position against touch displays on Mac laptops. The new model starts at $2,899, roughly $1,000 more than the standard MacBook Pro, and executives including CEO John Ternus and marketing chief Greg Joswiak discussed the change publicly.
Speaking with Walter Isaacson on The Builders podcast, Peter Thiel argued Apple has produced no genuinely new innovations since Steve Jobs died in 2011, though he described the company as a 'pure, well-run value stock.' Thiel said the smartphone itself was the big invention, and Apple's work since has mainly been scaling and branding it.
Tim Cook, speaking to The Independent during a visit to Apple's Battersea campus in London, discussed his first month as Apple's executive chairman after handing the CEO role to John Ternus. Cook said the leadership transition had been planned for years and that he now focuses on worldwide policy and government relations rather than day-to-day operations. He said he and Ternus maintain a relationship built on trust and frequent communication, and he told Ternus not to imitate his own leadership style.
In an interview with The Independent, former Apple CEO Tim Cook said he is not meddling in successor John Ternus's work, now focusing instead on global policy and government relations. Cook, who became executive chairman after stepping down in September, said he and Ternus maintain trust and frequent communication, and that he's told Ternus to forge his own leadership style rather than copy him.
Apple executive chair Tim Cook sold 191,753 Apple shares on October 2 for roughly $63.9 million, a day after 374,541 restricted stock units vested based on Apple's three-year shareholder return performance. Apple withheld 199,038 shares worth about $65.7 million to cover taxes, and Cook separately gifted 26,325 shares to an unnamed recipient, leaving him with over 3.2 million shares held through his trust.
Apple CEO John Ternus and Executive Chairman Tim Cook each published social media posts on X marking the 15th anniversary of Steve Jobs' death. Ternus credited Jobs with instilling attention to detail that still guides Apple's work, while Cook described Jobs as someone who changed the world and his own life forever.
According to the report, Apple hardware chief John Ternus is engaging closely with the company's design lab in a manner reminiscent of Steve Jobs' tight collaboration with Jony Ive. This contrasts with Tim Cook's reported practice of visiting the design team only about once a month after becoming CEO, delegating more to specialists.
Tim Cook and his successor as Apple CEO, John Ternus, were missing from a White House gathering of top tech executives convened by President Trump to discuss artificial intelligence. Leaders from Meta, Tesla, Nvidia and other major tech firms attended, but Apple did not respond to questions about why it was left out, and the White House also declined to comment. Cook had attended a state dinner at the White House just days earlier alongside Chinese President Xi Jinping.
About a month into his tenure, Apple CEO John Ternus has told colleagues Apple must develop products faster and take more risks in new markets, according to Bloomberg sources. He is reportedly considering breaking from Apple's traditional spring-and-fall launch schedule, expanding the device lineup, cutting management layers, and pursuing cost-cutting to fund future products.
Sources tell Bloomberg that new Apple CEO John Ternus, who succeeded Tim Cook on September 1, intends to move away from the company's traditional spring/fall product cycle toward year-round releases and more experimental products. He is also cutting middle management, including engineering program directors working on Vision Pro, Siri and AI software, some of whom have been given weeks to find internal roles or face layoffs by year end.
A hands-on review of Apple's iPhone 18 Pro finds the design largely unchanged from the iPhone 17 Pro, with the main additions being a variable aperture camera system, a new chip, improved battery life and better thermal management that keeps the phone cooler under load. The reviewer notes Apple is reserving bolder design experiments for other models like the iPhone Air and the new iPhone Duo.