Apple is reportedly in discussions to add Google’s artificial intelligence (AI) engine to the iPhone. The talks were reported Monday (March 18) by Bloomberg News, which notes that such an agreement would rock the AI sector. According to sources with knowledge of the situation, Apple...
Apple’s CEO, Tim Cook, announced at the annual shareholder meeting Wednesday (Feb. 28) that the company will soon provide more details about its strategy for using generative artificial intelligence (AI) later this year. Cook stated that Apple recognizes the extraordinary potential of generative AI for...
Margrethe Vestager, the European Union’s (EU) antitrust chief, recently met with the chief executives of tech giants Apple, Alphabet and Qualcomm. The purpose of these meetings was to discuss regulation and compliance with competition policies, particularly in the European digital market, Reuters reported Friday (Jan. 12). Vestager took to social media platform X to...
Apple’s services notched double-digit revenue growth in the quarter, and management pointed to continued consumer enthusiasm for content, subscriptions and payments. CEO Tim Cook noted on the earnings call Thursday (Nov. 2) that in services, “We set an all-time revenue record with double-digit growth and...
May 02, 2024
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up 6% higher in the wake of the post-earnings-close announcement. Yes, the decline in sales — at 4% — was better than some had feared. And […]
December 12, 2019
In today’s top news in payments, Mastercard announces the launch of a new digital identification program that can instantly authenticate someone’s identity, and Apple’s Tim Cook defends monopolies. Also, Bill...
January 03, 2019
Live by the Chinese consumer, die by the Chinese consumer. Apple, of course, is getting cored, on the heels of a surprise announcement that, in hindsight, should not have been...
November 02, 2018
Apple had plenty of bright spots to report during its Q4 earnings call. Revenue hit a record $62.9 billion with a 20 percent year-on-year increase. Profit was up 32 percent...
March 18, 2024
Apple is reportedly in discussions to add Google’s artificial intelligence (AI) engine to the iPhone. The talks were reported Monday (March 18) by Bloomberg News, which notes that such an agreement would rock the AI sector. According to sources with knowledge of the situation, Apple is negotiating to license Google’s Gemini AI models to power […]
February 28, 2024
Apple’s CEO, Tim Cook, announced at the annual shareholder meeting Wednesday (Feb. 28) that the company will soon provide more details about its strategy for using generative artificial intelligence (AI)...
January 12, 2024
Margrethe Vestager, the European Union’s (EU) antitrust chief, recently met with the chief executives of tech giants Apple, Alphabet and Qualcomm. The purpose of these meetings was to discuss regulation and compliance with competition policies,...
October 22, 2023
Apple is reportedly investing $1 billion per year to integrate generative artificial intelligence (AI) across its product line. While the company initially lagged behind competitors like Google and Microsoft in the...
