Story perspectives

Apple names Ternus CEO, China sales jump, foldable iPhone coming.

4/27/2026

Summary

Story summary

John Ternus, Apple’s senior VP of hardware engineering, will become CEO on Sept. 1, succeeding Tim Cook.
Greater China generated $64.3 billion in Apple’s fiscal year ending Sep. 27, 2025, its third-largest market.
Apple’s Greater China sales rose to $25 billion this quarter, up from $18.5 billion a year earlier.
Apple will launch its first foldable iPhone later this year despite Apple Intelligence remaining unavailable in China because regulators have not approved it.

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Story summary

John Ternus, Apple’s senior VP of hardware engineering, will become CEO on Sept. 1, succeeding Tim Cook.
Greater China generated $64.3 billion in Apple’s fiscal year ending Sep. 27, 2025, its third-largest market.
Apple’s Greater China sales rose to $25 billion this quarter, up from $18.5 billion a year earlier.
Apple will launch its first foldable iPhone later this year despite Apple Intelligence remaining unavailable in China because regulators have not approved it.