Apple appointed John Ternus as CEO on September 1, succeeding Tim Cook, who remains as executive chair.
On September 9, the company unveiled the Apple Watch Series 12, Apple Watch Ultra 4, AirPods 5, and the Siri AI assistant via iOS 27. The event introduced the iPhone 18 Pro and Pro Max, featuring a 2-nanometer A20 Pro chip and variable aperture camera, alongside the iPhone Duo foldable smartphone priced at $1,999.
Apple has adopted a dual-cycle launch strategy, delaying the base iPhone 18, 18e, and Air 2 until early next year. While analysts Jeff Pu and Samik Chatterjee noted lukewarm early demand for the 18 series, Gene Munster suggests the new strategy is boosting Pro sales.