All eyes in the tech world turn to Cupertino next week, when Apple Inc. (NASDAQ: AAPL) throws open the doors on its most closely watched product launch in years. It's a big moment for the company, and an even bigger one for the man now in charge, John Ternus, who has already told staff to expect something "phenomenal."
Investors have been clearly leaning into both the leadership change and the launch hype. Apple shares have rallied nearly 10% from the low they set after last month's earnings, and now trade around $325, marching back towards the all-time high they set in July.
