Capital · operating
does NOT yet direct Apple's corporate capital — currently SVP Hardware Engineering, reporting up, not a capital allocator. From 2026-09-01 he inherits Apple's ~$416B/yr FY25 revenue, ~$112B FY25 net income, ~$68.5B cash+ST-investments (Mar-2026), and ~$140B/yr TTM operating cash flow, contingent on the succession completing as announced.
Sourced figures 2
- Wikipedia — John Ternus SVP of Hardware Engineering since 2021, overseeing AirPods/Mac/iPad/iPhone/Apple Watch product lines
- Wikipedia — Apple Inc. FY2025 revenue $416B, net income $112B (Apple corporate figures he will inherit, not yet his to direct)
the working
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