Browsing: John Ternus

Apple crossed a $5 trillion valuation during Tuesday’s session and closed below it. The rally rests on a foldable iPhone that has not taken a single preorder yet, and a Siri that has only just shipped.

John Ternus runs his first keynote as Apple CEO on September 9, and the lineup behind him breaks a pattern that has held since 2011. Here is everything expected, and what the split really means.

Apple disclosed John Ternus’s compensation in an SEC filing on his first day as CEO. The headline number is $58 million for fiscal 2027, but three quarters of the equity only pays out if Apple’s shareholder return beats the rest of the S&P 500.