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Apple spent 2025 setting itself up for the future — and its biggest moves weren't about AI [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Its Services business continued its impressive growth, hitting $109.2 billion in sales. And its market capitalization topped $4 trillion, joining Nvidia ( NVDA ) as just the second company to reach the milestone. But the company is also contending with major changes amid its executive ranks. CFO Jeff Williams retired — he was previously considered the top choice to take up the mantle of CEO after Tim Cook eventually steps down. Head of government affairs Lisa Jackson and general counsel Kate Adams are retiring in late January and late 2026, respectively. And then there's AI chief John Giannandrea and design vice president Alan Dye. Giannandrea is retiring and turning Apple's AI efforts over to Amar Subramanya, who previously worked on AI initiatives at Google ( GOOGL GOOG ) and Microsoft ( MSFT Dye, meanwhile, left Apple to lead Meta META Reality Labs' new design studio All of this comes as Cook is reportedly preparing senior vice president of hardware engineering John Ternu
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