Apple earnings updates: Wall Street is bullish, but wants answers about the post-Tim Cook era

Apple’s latest earnings mark the beginning of the end of the Tim Cook era as he gets ready to step down as CEO in September.

Apart from eyeing rising hardware demand in the company’s iPhone and Mac segments, Wall Street is deeply curious about what the next chapter of leadership looks like for Apple.

Cook presided over a nearly 2,000% gain in Apple stock in his 15-year run as CEO, growing the company into a $4 trillion behemoth. Incoming chief John Ternus, with his hardware pedigree, will be expected to continue the stellar run.

The company heads into its fiscal second-quarter report with the stock down slightly year to date, though it’s up 28% in the last 12 months.

The results will be published shortly after the 4 p.m. ET closing bell, and the call with analysts will begin at 5 p.m.