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The Latest Breaking News from Kevan Parekh

Apple CEO Tim Cook says the company is fighting 'a hundred-year flood' on memory pricing — expects to pay even more for memory in September following recent price hikes

Apple will pay even more for memory in the September quarter than it did in the June quarter, CEO Tim Cook told analysts on the company's earnings call.

Tom’s Hardware

Apple's Services Slowdown Has a Weird Culprit: No F1 Movie This Year

Apple's Services Slowdown Has a Weird Culprit: No F1 Movie This Year

Apple Inc. (NASDAQ:AAPL) said its red-hot Services division lost some momentum in the fiscal third quarter, with CFO Kevan Parekh pointing to an unusual culprit: there was no blockbuster “F1“ movie release this year to boost Apple TV+ revenue.

Apple disappoints with forecast dogged by supply chain struggles

Apple disappoints with forecast dogged by supply chain struggles

Apple anticipates slower sales growth this quarter due to supply chain issues. The company faces challenges in obtaining necessary parts for product delivery. This forecast led to a significant drop in Apple's stock value. Despite strong third-quarter results, future growth faces component shortages. Executives highlighted supply limitations rather than a…

The Economic Times

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

Apple's next CEO, John Ternus, plans to continue the company's financial discipline into its next era.

Tim Cook's advice to Apple's next CEO: The most important decision he'll make is 'where he spends his time'

Apple introduced incoming CEO John Ternus to Wall Street on its quarterly earnings call—and forecast great results for Q3.

Apple won’t be the same in 2026. Meet the company’s next generation of leaders and rising stars after its biggest executive exodus in years

Apple is overhauling its executive leadership with new heads of AI, design, operations, and legal, setting the stage for succession beyond Tim Cook.

More people just bought an Apple Watch for the first time than any quarter before

Apple’s wearables story isn’t as flat as it looks

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Apple hints it could be about to make major move in AI in latest results

Apple hints it could be about to make major move in AI in latest results

Apple could be about to spend big to improve its artificial intelligence offering, chief executive Tim Cook has suggested as he revealed the company’s latest results.

The Independent UK

Tim Cook defends Siri during Apple earnings call — ‘we need more time’

Tim Cook defends Siri during Apple earnings call — ‘we need more time’

In a call to discuss Apple's quarterly financial performance, Tim Cook addressed the delayed revamp to Siri as part of Apple Intelligence while also discussing the impact of tariffs on Apple's business.

Apple could face a customer loyalty crisis if tariffs boost prices, says tech analyst

Apple could face a customer loyalty crisis if tariffs boost prices, says tech analyst

Customers in the U.S. are racing to buy iPhones before potential price increases.

Apple is richer than ever thanks to high margins—and its new CFO intends to keep it that way

Apple is richer than ever thanks to high margins—and its new CFO intends to keep it that way

Kevan Parekh is set on maintaining the company's "disciplined pricing strategy."

Apple's new chief financial officer will use the same 'CFO playbook' say top analysts—and that's good news for investors

Apple's new chief financial officer will use the same 'CFO playbook' say top analysts—and that's good news for investors

Kevan Parekh, who first joined the company in 2013, begins his tenure as finance chief.

Apple's CFO Luca Maestri To Be Replaced On New Year's Day

Apple's CFO Luca Maestri To Be Replaced On New Year's Day

Maestri will continue to oversee teams responsible for IT, real estate development, and security.

International Business Times

Apple is getting a new CFO — could this bring changes for its future releases?

Apple is getting a new CFO — could this bring changes for its future releases?

After a decade as CFO, Apple’s Luca Maestri is to hand the reins to Kevan Parekh, who will take over from 2025.

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A key executive is stepping down at Apple

Luca Maestri, Apple's Chief Executive Officer, is stepping down from the role in favor of a new one.

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