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Apple company headlines, earnings, strategy, leadership, and market-moving business updates.

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Apple’s stock gains have lifted the company’s market value by roughly $1.5 trillion over a year, turning decade-old $10,000 bets into six figures
The Apex Times

THE APEX TIMES

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Tim Cook Praises John Ternus as Apple Names Its Likely CEO Successor This September
The Apex Times

THE APEX TIMES

Business / The Apex Times

Tim Cook Praises John Ternus as Apple Names Its Likely CEO Successor This September

In remarks covered by market media, Apple CEO Tim Cook said he sees “no better person” than John Ternus to lead the company next. The transition plan, described as arriving this September, puts product and operations leadership at the center of the company’s succession narrative.

Aug 7, 7:29 PM EDT
Apple and OpenAI escalate legal fight over a secretive device effort
The Apex Times

THE APEX TIMES

Business / The Apex Times

Apple and OpenAI escalate legal fight over a secretive device effort

A new round in the dispute between Apple and OpenAI centers on claims tied to the ChatGPT maker’s reported device plans. OpenAI said Apple’s allegations are baseless and urged the matter be dismissed, according to a report.

Aug 7, 4:59 PM EDT
Report: iPhone 18 Pro faces DRAM chip shortage weeks ahead of launch
The Apex Times

THE APEX TIMES

Business / The Apex Times

Report: iPhone 18 Pro faces DRAM chip shortage weeks ahead of launch

A market report says Apple may be dealing with a near-term memory supply squeeze for iPhone 18 Pro, with chip-related inventory reportedly tied up at TSMC and raising the risk of tighter launch availability.

Aug 7, 2:30 PM EDT
Apple’s $400-a-Share Question Returns After Another Earnings Beat
The Apex Times

THE APEX TIMES

Business / The Apex Times

Apple’s $400-a-Share Question Returns After Another Earnings Beat

After a run that pushed shares up nearly 50% over the past year and marked a ninth straight earnings beat, attention is turning again to whether Apple’s stock can trade at $400 this year, a level that would represent a major step higher from where many investors are currently anchored.

Aug 7, 1:00 PM EDT