iPhone
New Apple CEO John Ternus doubted himself when he started: ‘I wasn’t sure I belonged’
Apple is adding a new CEO to its ranks and continuing a long-running tradition of internal promotion. The iPhone maker on Monday announced that CEO Tim Cook will step down as chief executive in September and named senior vice president of hardware engineering John Ternus as his successor. Cook will serve as executive chairman. He […]
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Apple goes for the ‘continuity candidate’ to replace Cook. What the CEO change means for investors
Apple ‘s surprise leadership announcement on Monday left Wall Street reconsidering their expectations for the future of the technology titan. The iPhone maker said John Ternus, a senior vice president of hardware engineering, will succeed CEO Tim Cook on Sept. 1. Cook would move to the role of executive chairman after about 15 years as […]
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Apple shares sink 4% on report of foldable iPhone delays
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City. Mike Segar | Reuters Shares of Apple sunk 4% Tuesday after reports that the company is facing engineering challenges with its highly anticipated foldable iPhones. “Apple and the supply chain are working under […]
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Huawei’s cloud computing revenue dropped in 2025 as Chinese AI lagged U.S. rivals
Consumers browse Huawei phones in a shopping mall in Yantai, Shandong Province, China on March 8, 2026. Cfoto | Future Publishing | Getty Images Huawei’s push to develop its own artificial intelligence chip has yet to drive the double-digit revenue gains of its peers, as Chinese companies strive to narrow the gap with the U.S. […]
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U.S. executives, from Apple to Eli Lilly, revamp their push into the world’s second-largest economy at the China Development Forum
Apple CEO Tim Cook (L) stands with Siemens CEO Roland Busch prior to the opening ceremony of the China Development Forum 2026 at the Diaoyutai State Guesthouse on March 22, 2026 in Beijing, China. China News Service | China News Service | Getty Images BEIJING — As corporate giants navigate U.S.-China tensions, more than 80 […]
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Apple bears are proven wrong yet again as iPhone defies the China slump narrative
Memory shortages. Way behind on AI. Tariff troubles. None of that seems to matter to Apple. It keeps selling tons of iPhones — bucking expectations, especially in China. iPhone sales in China surged 23% during the first nine weeks of 2026, in contrast to a 4% year-over-year decline in the entire smartphone market there, according […]
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Tim Cook squashes retirement rumors, says he ‘can’t imagine life without Apple’
Apple CEO Tim Cook gestures as he departs after a business leaders reception with the U.S. president on the sidelines of the World Economic Forum annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | Afp | Getty Images Apple CEO Tim Cook used a “Good Morning America” appearance on Monday to shut down […]
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Apple announces MacBook Neo, its first budget laptop in over a decade
Apple MacBook Neo Source: Apple Inc. For years, the cheapest way into the Mac lineup was a $999 laptop. On Wednesday, Apple cut that price nearly in half. The company unveiled the MacBook Neo, a colorful, lightweight laptop powered by an iPhone-grade chip. The launch caps a three-day hardware blitz that has already seen refreshes […]
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Oil prices, Target earnings, the new iPhone and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. While the war in Iran continues to unfold, today also brings the first midterm primary elections in the U.S. Here are the races to watch. Stock futures are plunging this morning following a mixed session on Wall Street. Here are […]
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Apple launches lower cost iPhone 17e and a new iPad Air powered by its M4 chip
Apple introduces iPhone 17e Source: Apple Inc. Apple opened its week of product launches on Monday morning with a refreshed low-cost iPhone and a faster iPad Air, as it begins what looks to be a broader multi-day hardware push. The headline device is the new iPhone 17e, a budget model in the iPhone 17 lineup […]
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