Tim Cook teases AI ambitions & Apple's developmental advantages
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Tim Cook says Apple is uniquely well-positioned for AI
After announcing March quarter revenues reflecting weak iPhone sales, Apple CEO Tim Cook seemed eager to assure analysts that his company is working hard to integrate AI into its products and services. On Thursday, he mentioned “AI” in various contexts early and often in his opening comments during Apple’s call going over the financial results. While Cook emphasized his bullishness for the future of Apple AI, he was—as usual—hyper-disciplined in avoiding specific features or services Apple...
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Tim Cook says DOJ antitrust lawsuit against Apple is 'misguided'
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust lawsuit against Apple, calling it “misguided.” more
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Apple CEO Tim Cook bullish on China, thinking long-term
After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a competitive environment. iPhone doing well in China despite shrinking market Apple earned $90.8 billion in the March quarter, beating Wall Street estimates. The company saw an 8% sales drop year-over-year in China, but despite the drop, it was less severe than initially expected. The iPhone has struggled to see much growth in China due to increased competition from...