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Apple's John Ternus era begins with $4.6 trillion market cap and 33x valuation

GuruFocus.com +1 ·

AAPL Apple Inc
$325.24 +2.65%
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  1. 1Apple (AAPL) kicks off the John Ternus CEO era, facing a higher bar than Cook's 2011 succession
  2. 2Market cap of $4.6 trillion and over 33x expected earnings (vs. ~12x when Cook took over); ~$840 billion in buybacks since 2012
  3. 3Ternus must maintain financial discipline while ramping up AI, R&D, and large acquisitions; new product launch set for September 9

This 3-line summary is compiled from the report below.

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