Apple CEO John Ternus faces first earnings test as memory costs surge

John Ternus hosts his first earnings call as Apple CEO on Monday after succeeding Tim Cook in September. Investors will watch the holiday-quarter outlook, his remarks on AI and the revamped Siri, and rising memory-chip costs that analysts expect to drag profit growth to a six-quarter low. Apple's first foldable phone, smart home hub and touch-screen laptops recently began shipping.