Apple to launch next iPhone on September 9 under new CEO John Ternus
Photo: Gantas Vaičiulėnas / Pexels
The event marks Apple's first major product launch since Tim Cook stepped aside, and it could include the company's long-awaited foldable iPhone.
Apple Inc. (AAPL) price
Full chart and statsLoading chart…
- Last close
- $344
- Close-to-close change
- −0.9%
- Market cap
- $5.0T (shares as of 2026-07-17)
- P/E (trailing)
- 39.4 (EPS to 2026-06-27)
- Annual revenue
- $416.2B USD (FY ended 2025-09-27) 10-K
- Annual revenue growth
- +6.4% (FY ended 2025-09-27 vs FY ended 2024-09-28) 10-K
- Annual net income
- 112,010,000,000 USD (FY ended 2025-09-27, attributable to the company) 10-K
- Annual operating margin
- 32.0% (FY ended 2025-09-27)
- Forward P/E
- Unavailable: no dated forecast source
Gloria daily close for session Oct 28, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Apple Inc. and its peers
| Company | Price | Market cap | P/E (trailing) | Forward P/E | Annual revenue (USD) | Annual revenue growth | Annual net income (USD) | Operating margin |
|---|---|---|---|---|---|---|---|---|
|
|
$344 | $5.0T | 39.4 | Unavailable | $416.2BFY ended 2025-09-27 · 10-K | +6.4%FY ended 2025-09-27 vs 2024-09-28 · 10-K | 112,010,000,000FY ended 2025-09-27, attributable to the company · 10-K | 32.0%FY ended 2025-09-27 |
|
|
$494 | $316.0B | 28.7 | Unavailable | $113.5BFY ended 2026-01-30 · 10-K | +18.8%FY ended 2026-01-30 vs 2025-01-31 · 10-K | 5,936,000,000FY ended 2026-01-30, attributable to the company · 10-K | 7.2%FY ended 2026-01-30 |
|
|
$36 | $23.5B | 11.0 | Unavailable | $39.1BFY ended 2026-06-30 · 10-K | +77.8%FY ended 2026-06-30 vs 2025-06-30 · 10-K | 2,230,453,000FY ended 2026-06-30, attributable to the company · 10-K | 7.1%FY ended 2026-06-30 |
|
|
$110 | $434.8B | 33.1 | Unavailable | $63.3BFY ended 2026-07-25 · 10-K | +11.8%FY ended 2026-07-25 vs 2025-07-26 · 10-K | 13,267,000,000FY ended 2026-07-25, attributable to the company · 10-K | 24.3%FY ended 2026-07-25 |
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 28, 2026, 4:46 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Token vs underlying stock
Current comparison for AAPL. Historical observations may postdate this article.
AAPLx token unit vs AAPL share · USD
+10.7% over displayed period
● AAPLx token┄ AAPL stock: $343.83
Source: CoinGecko + Gloria · Retrieved Oct 29, 03:15 UTC
Methodology and data
Split-adjusted regular-session stock closes from the existing Gloria shared history, paired only with an observed token price within 45 minutes of 16:00 New York time. Up to 60 matched sessions. No interpolation or missing-date fill. Weekends and known early closes are omitted. Token units are not adjusted for issuer multipliers or dividend treatment. This compares quoted prices, not fair value, executable premiums or arbitrage returns. Solid line: token. Dashed line: stock. Exact quote times and values appear below. Historical observations. Retrieval refers to the token source. Token quote times use UTC. The fixed cohort shows its oldest member fetch.
| Date (UTC) | Token (USD) | Stock close (USD) | Token quote (UTC) |
|---|---|---|---|
| 2026-08-05 | 311.72 | 311.00 | 2026-08-05 20:00 |
| 2026-08-06 | 312.78 | 312.41 | 2026-08-06 20:00 |
| 2026-08-07 | 313.83 | 313.33 | 2026-08-07 20:00 |
| 2026-08-10 | 308.62 | 308.26 | 2026-08-10 20:00 |
| 2026-08-11 | 305.37 | 304.91 | 2026-08-11 20:00 |
| 2026-08-12 | 302.83 | 302.25 | 2026-08-12 20:00 |
| 2026-08-13 | 305.79 | 305.26 | 2026-08-13 20:00 |
| 2026-08-14 | 306.96 | 305.93 | 2026-08-14 20:00 |
| 2026-08-17 | 306.25 | 305.59 | 2026-08-17 20:00 |
| 2026-08-18 | 311.31 | 310.03 | 2026-08-18 20:00 |
| 2026-08-19 | 317.34 | 316.83 | 2026-08-19 20:00 |
| 2026-08-20 | 311.74 | 311.30 | 2026-08-20 20:00 |
| 2026-08-21 | 310.51 | 309.35 | 2026-08-21 20:00 |
| 2026-08-24 | 311.44 | 310.34 | 2026-08-24 20:00 |
| 2026-08-25 | 310.87 | 309.90 | 2026-08-25 20:00 |
| 2026-08-26 | 314.52 | 313.45 | 2026-08-26 20:00 |
| 2026-08-27 | 315.05 | 314.58 | 2026-08-27 20:00 |
| 2026-08-28 | 320.36 | 319.70 | 2026-08-28 20:00 |
| 2026-08-31 | 317.65 | 316.85 | 2026-08-31 20:00 |
| 2026-09-01 | 325.59 | 325.13 | 2026-09-01 20:00 |
| 2026-09-02 | 325.80 | 324.96 | 2026-09-02 20:00 |
| 2026-09-03 | 329.13 | 328.21 | 2026-09-03 20:00 |
| 2026-09-04 | 321.11 | 319.97 | 2026-09-04 20:00 |
| 2026-09-08 | 316.85 | 316.22 | 2026-09-08 20:00 |
| 2026-09-09 | 316.30 | 315.34 | 2026-09-09 20:00 |
| 2026-09-10 | 327.20 | 326.57 | 2026-09-10 20:00 |
| 2026-09-11 | 333.36 | 332.27 | 2026-09-11 20:00 |
| 2026-09-14 | 334.25 | 333.08 | 2026-09-14 20:00 |
| 2026-09-15 | 331.88 | 331.34 | 2026-09-15 20:00 |
| 2026-09-16 | 333.36 | 332.41 | 2026-09-16 20:00 |
| 2026-09-17 | 337.97 | 337.00 | 2026-09-17 20:00 |
| 2026-09-18 | 337.26 | 336.13 | 2026-09-18 20:00 |
| 2026-09-21 | 340.11 | 338.98 | 2026-09-21 20:00 |
| 2026-09-22 | 340.64 | 339.75 | 2026-09-22 20:00 |
| 2026-09-23 | 337.57 | 337.02 | 2026-09-23 20:00 |
| 2026-09-24 | 337.27 | 335.92 | 2026-09-24 20:00 |
| 2026-09-25 | 341.92 | 341.07 | 2026-09-25 20:00 |
| 2026-09-28 | 339.71 | 338.40 | 2026-09-28 20:00 |
| 2026-09-29 | 330.45 | 329.40 | 2026-09-29 20:00 |
| 2026-09-30 | 334.56 | 333.02 | 2026-09-30 20:00 |
| 2026-10-01 | 331.46 | 330.32 | 2026-10-01 20:00 |
| 2026-10-02 | 334.68 | 333.69 | 2026-10-02 20:00 |
| 2026-10-05 | 333.54 | 332.89 | 2026-10-05 20:00 |
| 2026-10-06 | 334.55 | 333.63 | 2026-10-06 20:00 |
| 2026-10-07 | 337.28 | 336.67 | 2026-10-07 20:00 |
| 2026-10-08 | 341.31 | 340.42 | 2026-10-08 20:00 |
| 2026-10-09 | 337.58 | 336.64 | 2026-10-09 20:00 |
| 2026-10-12 | 341.95 | 340.97 | 2026-10-12 20:00 |
| 2026-10-13 | 342.44 | 341.27 | 2026-10-13 20:00 |
| 2026-10-14 | 344.06 | 342.96 | 2026-10-14 20:00 |
| 2026-10-15 | 343.24 | 342.00 | 2026-10-15 20:00 |
| 2026-10-16 | 344.31 | 343.46 | 2026-10-16 20:00 |
| 2026-10-19 | 344.18 | 342.94 | 2026-10-19 20:00 |
| 2026-10-20 | 340.65 | 339.50 | 2026-10-20 20:00 |
| 2026-10-21 | 344.81 | 343.99 | 2026-10-21 20:00 |
| 2026-10-22 | 349.21 | 348.22 | 2026-10-22 20:00 |
| 2026-10-23 | 348.46 | 347.73 | 2026-10-23 20:00 |
| 2026-10-26 | 344.87 | 343.91 | 2026-10-26 20:00 |
| 2026-10-27 | 348.00 | 347.10 | 2026-10-27 20:00 |
| 2026-10-28 | 345.12 | 343.83 | 2026-10-28 20:00 |
Stock history: Gloria · Retrieved Oct 29, 00:31 UTC. Token history: CoinGecko AAPLx.
Quoted token and share units can have different rights, multipliers and dividend treatment. This is not an executable premium or arbitrage signal.
Apple’s fall product event is set for September 9 at 10 a.m. PT in Cupertino, California. It will be the first iPhone launch under CEO John Ternus, who officially takes the reins from Tim Cook on September 1.
The event, titled “Surprise and Shine,” is expected to showcase the iPhone 18 Pro and Pro Max alongside Apple’s first foldable device.
A CEO transition years in the making
Tim Cook has led Apple since 2011. Starting September 1, he moves into the role of executive chairman, where he’ll continue shaping strategy without running day-to-day operations.
Ternus, a 25-year Apple veteran, was announced as Cook’s successor on April 20. At 50 years old, Ternus is the same age Cook was when he took the job from Steve Jobs.
Ternus is a mechanical engineer by training who has had his fingerprints on nearly every major hardware product Apple has shipped in the last two decades.
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What’s expected on stage
The headline products are the iPhone 18 Pro and iPhone 18 Pro Max, both powered by Apple’s new A20 Pro chip. Reports suggest the devices will feature variable-aperture cameras, a meaningful upgrade for mobile photography that gives users more control over depth of field.
Notably, standard iPhone 18 models are not expected at this event.
The foldable iPhone is widely speculated to carry the name iPhone Ultra, marking Apple’s first entry into a product category that Samsung, Google, and several Chinese manufacturers have been exploring for years.
Pricing could climb. New memory requirements tied to the A20 Pro chip and the engineering complexity of a foldable form factor are expected to push costs upward.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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