Apple CEO Tim Cook is used to being asked about the company’s product strategy, tariffs and AI. But on Thursday’s earnings call, one analyst wanted to know: What advice would he give to his successor?
Apple on Thursday reported second-quarter earnings and what Cook said was the company’s “best March quarter ever.” It was also the first earnings event since the company announced Cook will step down as CEO in September, to be replaced by hardware engineering lead John Ternus.
Apple once again surpassed expectations, with $111.2 billion in revenue, a 17% increase compared to last year. IPhone revenue hit $57 billion, roughly in line with analyst estimates and up 22% compared to a year ago.