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Fortune

Sheryl Estrada

Apple just posted $111 billion in revenue. Now its incoming CEO and CFO are teaming up

John Ternus Tim Cook Kevan Parekh Apple Wedbush

Tim Cook, chief executive officer of Apple Inc., inside the Steve Jobs Theater during an event at Apple Park campus in Cupertino, California, US.

Good morning. Apple Inc., CEO Tim Cook opened the company’s earnings call Thursday by marking his 28th anniversary at Apple, his 15th year as CEO, and his 89th earnings call—reflective moments as he prepares to leave the CEO role.

Apple announced in April that Cook will step down in September and become executive chairman. His successor is longtime Apple hardware executive John Ternus, who will lead the $4 trillion company.

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