Apple CEO Tim Cook says that the company is “open” for merger and acquisition because it “significantly” enhances its investment in AI, As reported by CNBCWith the release of Apple, the statements of Cook were given Income results in third quarterIn which it was revealed that the iPhone-producer raked in $ 94 billion between April and June, marking a 10 percent increase in the same period last year.
This comment comes when Apple is being seen behind the AI race, with its efforts relative to his colleagues and meta on Apple Intelligence Hunting some of its top engineersThe company is moving towards AI startup for help – and reports suggest that Apple is also open to large acquisitions to catch.
While talking about AI, Cook said that according to CNBC, “in our equipment, in our platforms and beyond the company, is embedding it. “Although Apple has postponed big plans for Siri’s AI-Enhanced version, its release time is uncertain after the company. Improvement delayedApple’s SVP of Software, Craig Federighi said, it just “Reliable” was not enough To release broadly.
Despite AI hiccups, Apple’s main occupations are strong. Apple’s iPhone business rose 13 percent to $ 44.6 billion year after year. Mac Revenue also saw a boost, reaching $ 8.1 billion in revenue, as is likely Apple is releasing a new MacBook Air in March. Revenue from Apple’s services, including membership for things such as Apple TV Plus, iCloud and Apple Music, saw a 13 percent growth up to $ 27.4 billion, which Apple says “all -time high”.
However, other challenges may come for those businesses. In May, Apple said that the tariff of President Donald Trump may cost Company at least $ 900 million During the June quarter. There is a chance that this cost can also be higher, as Trump has threatened apple If the company does not produce in the US with a “minimum” tariff of 25 percent. Apple has already shifted some of its production to India to reduce its dependence on China, A trick is not a fan of trump,
Apple is expected to launch its new iPhone 17 lineup for some time in September. The iOS 26 must be released around the same time, provides the “liquid glass” design language Some users have been divided,
