Browsing Tag
Kevan Parekh
3 posts
Apple has changed who controls its deal machine. What does the M&A shake-up reveal about the John Ternus era?
Apple Inc. has appointed longtime insider Steve Smith to lead mergers and acquisitions while moving veteran dealmaker Adrian Perica fully into the services organisation. The restructuring shifts M&A back under Chief Financial Officer Kevan Parekh and gives Perica more direct responsibility for businesses including iCloud, Fitness+ and Apple News. Coming shortly after John Ternus succeeded Tim Cook as Chief Executive Officer, the moves provide an early look at how Apple is redistributing authority under its new leadership generation.
Apple reports record June quarter as revenue climbs 16% to $109.4bn
Apple's Q3 revenue climbed 16% to $109.4bn and iPhone surged 22%, but AAPL fell 9% as a 9-11% Q4 guide and DRAM/NAND squeeze reset the second-half read.
Apple just had its best quarter ever—what pushed iPhone sales over the top?
Apple posted record Q1 FY2026 earnings with $143.8B in revenue and $2.84 EPS. Find out what drove the surge and what it signals for 2026 growth.