Apple · Democrats · Kevin Warsh · Fortune Technology
What Apple CEO John Ternus isn’t talking about: “The biggest risk to the Apple ecosystem”
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John Ternus, Apple’s new CEO, spent his first two months in the role celebrating a batch of new products, particularly the release of the foldable iPhone Duo.
Key facts
- We’re going into this [holiday period] with more downside than upside,” Apple investor Gene Munster told Fortune’s Sebastian Herrera
- Investors don’t seem convinced its revamped Siri AI product has the winning formula for the AI age
- Midterm ballots usually go badly for the White House as voters register their complaints against the administration
- President Trump said these elections are “the most important midterm, the reporter believe, in their lifetime
Summary
Apple CEO John Ternus isn’t talking about “ the biggest risk to the Apple ecosystem.” The Fed’s Warsh is behind schedule, if history is any guide. How long you have to work to buy one gallon of gas. While Apple beat September-quarter earnings expectations, investors traded the stock down after hours because of the company’s outlook on margins, which it said will continue to be squeezed by a memory chip shortage and slowing growth in its services segment.