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The Latest Breaking News from Tim Cook

Big tech has spent $155bn on AI this year. It’s about to spend hundreds of billions more

Tech giants have spent more on AI than the US government has on education, jobs and social services in 2025 so far

The Guardian - US

Tim Cook Says 'Apple Must Do This,' As He Compares AI To Internet, Smartphone Revolutions

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook conducted a rare all-hands meeting at the company’s Cupertino, California, headquarters after the company's fiscal third-quarter earnings, emphasizing the importance of artificial intelligence as a pivotal opportunity for the tech giant.

Benzinga

Apple Stock Surges After It Records Biggest Revenue Growth Since 2021: What Contributed to It?

Apple's Q3 2025 results beat expectations with £70.91 billion revenue and 10% growth, driven by strong iPhone and Mac sales, though stock gains were limited by AI and tariff concerns.

International Business Times UK

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Apple hints it could be about to make major move in AI in latest results

Apple could be about to spend big to improve its artificial intelligence offering, chief executive Tim Cook has suggested as he revealed the company’s latest results.

The Independent UK

Apple's Tim Cook 'very open to M&A that accelerates our road map' for AI' — company increasing spending on AI initiatives, reorganizing teams to address expansion

Lagging behind leading tech firms in artificial intelligence, Apple is ramping up internal efforts and actively pursuing acquisitions to accelerate its AI development, but at the same time keeping CapEx modest compared to peers like Google, Meta, and Microsoft.

Tom’s Hardware

Apple could bolster AI with acquisitions, according to Tim Cook

Apple's CEO has said the company would be open to M&A that could accelerate its roadmap.

Apple Gets Points For Good Behavior But Still In Investor Jail

Apple stock slid Friday despite the iPhone maker's better-than-expected June-quarter results, showing that it's still in the investor doghouse.

Investors Business Daily

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Apple says it's ready to spend big on AI to catch up to ChatGPT and Google — and this could be its first target

Apple CEO tells investors the company is planning to "significantly grow our investments" in AI.

Tom’s Guide

Apple Stock: Big Earnings, Small Move—Time to Buy?

Apple delivered strong earnings with double-digit growth, but investor skepticism and tariff concerns kept the stock’s post-earnings move in check

MarketBeat

Apple details how the Trump tariffs impacted iPhone sales during earnings call

Apple set records for total sales and iPhone sales during its June fiscal quarter. But the ongoing uncertainty over tariffs may have affected some of those purchases.

Tom’s Guide

Apple's blowout earnings marred by tariff fears, a slow AI rollout, and the stock barely moves

On tariffs, "We estimate the impact to add about $1.1 billion to our costs," CEO Tim Cook said.

Fortune

Frustrated Siri users claim the voice assistant is becoming unusable, as a relaxed Tim Cook says Apple is ‘making good progress’ on its 2026 reboot

Tim Cook says Apple is “making good progress” on its Siri overhaul, but users are running out of patience.

TechRadar

Apple Braces For $1.1 Billion Tariff Hit In Q4 Even As iPhone Production Shifts To India: Tim Cook Says, 'We Will Do More In The United States'

Tech giant, Apple Inc. (NASDAQ:AAPL), has warned investors that it expects to incur a $1.1 billion hit from the tariff-related costs during its fiscal fourth quarter.

Benzinga

Apple CEO Tim Cook Says iPhone Still Central To Future Tech As Ex-Design Chief Jony Ive Builds AI Device For OpenAI

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook has downplayed the threat of screenless AI devices, calling them complementary to the iPhone—even as former design chief Jony Ive teams up with OpenAI to build next-generation AI hardware.

Benzinga

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Benzinga

Apple Surges After-Hours As Q3 Earnings Crush Estimates, iPhone And Services Lead Growth

Apple Inc. (NASDAQ:AAPL) shares jumped 2.42% in after-hours trading on Thursday, reaching $212.59, after the iPhone maker delivered third-quarter results that significantly exceeded Wall Street expectations.

Benzinga

Tim Cook Says Apple Is 'Very Open' To AI Acquisitions Amid Mounting Pressure To Catch Up With Google, Meta And Microsoft

On Thursday, Apple Inc. (NASDAQ:AAPL) CEO Tim Cook said the company is open to considering artificial intelligence acquisitions.

International Business Times

US Tech Titan Earnings Rise On AI As Economy Roils

Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs.

International Business Times

Apple Profit Beats Forecasts On Strong IPhone Sales

Apple on Thursday reported quarterly profit of $23.4 billion, topping forecasts despite concerns about the effect of US tariffs on its supply chain.

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Fortune

Apple sets quarterly revenue record as earnings broadly beat expectations, shares climb

“Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment," CEO Tim Cook said.

TechRadar

Tim Cook will face some big questions during Apple's Earnings Report Call – here's why the answers matter to you

Tim Cook in the hot seat

Fortune

Dan Ives slams Apple's tech showcase as 'an episode out of 'Back to the Future'' and turns up the heat on Tim Cook over 'elephant in the room'

"It’s becoming crystal clear that any innovation around AI at Apple is not coming from inside the walls of Apple Park," Ives wrote.

Benzinga

Apple Stock Will Get Q3 Boost From iPhones, Analyst Says This Is The 'Elephant In The Room'

An Apple Inc (NASDAQ:AAPL) analyst says iPhone demand will be the key item to watch when the technology giant reports third-quarter financial results Thursday after market close.

Benzinga

Tim Cook Moves To Appease Trump? Apple Launches Manufacturing Academy In Detroit, Set To Commence In August

In response to mounting pressure from the Trump administration to create more jobs in the U.S., Apple Inc. (NASDAQ:AAPL) is launching a manufacturing academy in Detroit.

Fortune

The S&P 500 is ‘extremely concentrated,’ Apollo economist says, warning the best AI investment may not be in the Magnificent 7

“The textbook idea that the S&P 500 gives you a diversified exposure to risk is just simply no longer the case,” Apollo economist Torsten Sløk told Fortune.

Investors Business Daily

Apple's Lack Of Clear AI Strategy A Warning Flag, Analyst Says

A Wall Street analyst urges caution on Apple stock because of the company's lack of a clear strategy for artificial intelligence.

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