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Apple after Cook: what the hardware era means for investors [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The elevation of John Ternus to CEO closes one chapter and opens another. The question is whether a product engineer can crack the AI problem that has dogged Cupertino for years Tim Cook's decision to move upstairs to executive chairman is, on one level, entirely rational. He is 64. He has been running Apple for 15 years. He has turned it into one of the most valuable companies in the history of capitalism (second to Nvidia), growing revenue from roughly $65 billion when he inherited the role in 2011 to more than $416 billion last year. At some point, you hand it over. But the timing matters. Cook is not leaving because the job is done. He is leaving at the precise moment Apple faces its most consequential strategic test since the iPhone itself: the race to make artificial intelligence work at the consumer level, embedded in devices that a billion people carry in their pockets. Siri remains a punchline. Apple Intelligence has underwhelmed. The long-promised Siri revamp has been d
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- Apple's pick to replace Tim Cook hints at its plans for the AI era [CNN][CNN]
- “I was very impressed with myself to have the head of Apple calling to ‘kiss my ass.'” [Verge, The][Verge, The]
- Tim Cook reactions: Trump, Altman, Buffett and more on the Apple CEO move [MSNBC.com][MSNBC.com]
- Apple (AAPL) had its "neutral" rating reaffirmed by Rosenblatt Securities. They now have a $268.00 price target on the stock.[MarketBeat]
- Oil prices hold steady but Wall Street and global markets higher despite doubts about US-Iran talks [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
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