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Stockreport

Apple CEO Tim Cook boasts of future AI plans after earnings beat [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Apple ( AAPL ) CEO Tim Cook took time during the company's second quarter earnings call on Thursday to drum up excitement for the iPhone maker's upcoming generative AI offerings. In his remarks, Cook told listeners that the company is bullish about the opportunities generative AI has to offer and that it is making significant investments in the technology. "We believe in the transformative power and promise of AI, and we believe we have advantages that will differentiate us in this new era including Apple's unique combination of seamless hardware, software, and services integration; groundbreaking Apple silicon with our industry leading neural engine; and our unwavering focus on privacy," Cook said. Ahead of the call, Apple reported better than anticipated earnings and revenue, though iPhone sales fell about 10% year-over-year. Apple will host its annual WWDC developer conference in June, which should serve as the launchpad for the company's generative AI ambitions. Analysts [Read more]
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Stockreport

Apple CEO Tim Cook boasts of future AI plans after earnings beat [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Apple ( AAPL ) CEO Tim Cook took time during the company's second quarter earnings call on Thursday to drum up excitement for the iPhone maker's upcoming generative AI offerings. In his remarks, Cook told listeners that the company is bullish about the opportunities generative AI has to offer and that it is making significant investments in the technology. "We believe in the transformative power and promise of AI, and we believe we have advantages that will differentiate us in this new era including Apple's unique combination of seamless hardware, software, and services integration; groundbreaking Apple silicon with our industry leading neural engine; and our unwavering focus on privacy," Cook said. Ahead of the call, Apple reported better than anticipated earnings and revenue, though iPhone sales fell about 10% year-over-year. Apple will host its annual WWDC developer conference in June, which should serve as the launchpad for the company's generative AI ambitions. Analysts [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS