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Apple is stepping up its AI investments and also reallocating employees as it tries to catch up with rivals such as Google, OpenAI, and Microsoft amid growing competition.
The company also has been staging a comeback in China, a market where local phone brands have made inroads with consumers. Services were another bright spot, topping Wall Street projections.
Dow Jones futures fell slightly Thursday night, along with S&P 500 futures and Nasdaq futures, with Amazon.comAMZN skidding on earnings and President Donald Trump setting tariffs on dozens of ...
Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence ...
SAN FRANCISCO -- Apple on Thursday announced financial results for its fiscal 2025 third quarter that ended on June 28, with quarterly revenue of $94 billion, up 10 percent year-over-year.
Speaking to investors during Thursday's earnings call, Tim Cook didn't appear worried that advancements in AI could replace the iPhone.