Sabih Khan

Stories

Apple posts record quarter as memory costs squeeze its margin forecast

Appeared on the November 2 earnings call, the first Apple COO to do so since Tim Cook in 2010

Apple sold $114.5 billion of hardware and services in the quarter ended September 26, up 12% from a year earlier, and earned $2.10 a share. Both beat analyst estimates, and iPhone revenue rose 17% to $57.6 billion.

Updated 4 days ago

Apple’s stable C–Suite hits turbulence as AI missteps, talent war and succession loom

Money Moves

As of May 2026: New COO absorbing operations and some AI‑related responsibilities

After more than a decade of executive stability under CEO Tim Cook, Apple experienced its largest leadership shake-up since the post–Steve Jobs reorganization, spanning from March 2025 into early 2026. The company repeatedly delayed its flagship Apple Intelligence upgrade to Siri, signaling strategic and engineering problems.

Updated May 10