Sources: Sony is considering pushing back the debut of its next PlayStation console to 2028 or even 2029, as the AI boom fuels huge memory chip demand
A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making …
Tim Cook says Apple is “significantly growing” its AI investment, reallocating staff to work on AI features, and “very open to M&A that accelerates our roadmap”
Apple's AI strategy and investment was on the mind of analysts on an earnings call …
Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half
Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …
Apple says it will spend $500B in the US over the next four years, hire 20,000 new US workers, and produce AI servers in Texas, after Tim Cook met with Trump
- Company to begin producing Apple Intelligence servers in Texas — $500 billion planned to be invested in US over next four years
Tim Cook says half of Fortune 100 companies have purchased Apple Vision Pro units and that Apple's focus is on getting more apps and more enterprises engaged
Wesley Hilliard / AppleInsider :
Apple reports Q1 sales in Greater China fell 13% YoY to $20.82B, vs. $23.5B est., its weakest Q1 in the region since Q1 2020, amid cooling consumer spending
enough, it's terrible there Neil Cybart / @neilcybart : Tim Cook: Excluding FX, iPhone revenue in mainland China was down mid-single digits. Using Cook's words, the “good news” was we saw solid growth...
Apple expects its revenue in the holiday quarter, normally the company's biggest sales period, to stay the same as last year; Wall Street projected ~5% growth
It me. This first generation product may just never launch here in Ireland 🫤 — https://www.macrumors.com/... X: Fred Hickey / @htsfhickey : Apple Conf. call update. Guidance weak. Cook sounds dejec...
Apple reports Q3 revenue down 1.4% YoY to $81.8B, declining for a third quarter in a row but largely in line with estimates, and net income up 2.3% to $19.9B
https://www.businesswire.com/ ... Twitter: Alexei Oreskovic / @lexnfx : Apple lost $132 billion in market value today. Amazon added $140 billion. Wealth transfer? Eric Jackson / @ericjackson : Anyone ...
Tim Cook estimates iPhone revenue would have grown “absent the supply constraints”, currency fluctuations were a challenge, and that layoffs are a “last resort”
Tim Cook says iPhone revenue would have grown without supply constraints, currency fluctuations were a challenge, and layoffs are a “last resort kind of thing”
Revenue in holiday quarter fell for the iPhone maker for the first time in nearly four years