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Apple’s Rally Pressures New CEO to Deliver on Foldable iPhone

Apple Inc.’s $570 billion summer surge is saddling new Chief Executive Officer John Ternus with high expectations heading into the company’s most anticipated event in years: the unveiling of the foldable iPhone on Wednesday. The stock has rallied 15% since June 25, when the company announced it was raising prices on many of its products, sending the shares to their worst day in more than a year. Since then, a significant chunk of the gains have been driven by excitement about the new lineup of …

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BloombergLean L·1h ago
Apple’s Rally Pressures New CEO to Deliver on Foldable iPhone
Apple Inc.’s $570 billion summer surge is saddling new Chief Executive Officer John Ternus with high expectations heading into the company’s most anticipated event in years: the unveiling of the foldable iPhone on Wednesday. The stock has rallied 15% since June 25, when the company announced it was raising prices on many of its products, sending the shares to their worst day in more than a year. Since then, a significant chunk of the gains have been driven by excitement about the new lineup of …
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Apple’s Rally Pressures New CEO to Deliver on Foldable iPhone

How 2 sources are covering this

Apple’s Rally Pressures New CEO to Deliver on Foldable iPhone

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