Apple’s latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company’s efforts to build out its ecosystem. Investors bid the shares up by about 0.5% after hours — indicating what might be...
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 —...
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...
October 31, 2024
Apple outlined its artificial intelligence (AI) strategy during Thursday’s earnings call, announcing December plans for ChatGPT integration and expanded language support for its recently launched Apple Intelligence system. The company reported $94.9 billion in quarterly revenue. The announcements follow Monday’s release of Apple Intelligence, which introduced AI-powered writing tools and photo features. CEO Tim Cook […]
August 01, 2024
Apple’s latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company’s efforts to build out its ecosystem....
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...
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...
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...
