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Stockreport

Three things we learned about Apple's AI plans from its earnings [TechCrunch]

Apple Inc. (AAPL)  More Company Research Source: TechCrunch
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Apple CEO Tim Cook didn't give much away about the company's AI plans on Thursday's Q2 earnings call with investors , but he did confirm a few tidbits about how the tech giant plans to move forward with artificial intelligence. Notably, his comments suggested that despite spending more than $100 billion on R&D over the last five years, Apple isn't planning to spin up too many new data centers to run or train AI models. Instead, when it comes to AI, it will continue to pursue a “hybrid” approach, as it does with other cloud services, the company told investors. AI will span devices beyond the iPhone We also learned that Apple envisions AI as a key opportunity across the “vast majority” of the company's device lineup, not just the iPhone. While we've known this for some time — after all, Apple has been calling its M3 MacBook Airs the “best consumer laptop for AI” — the company shouted out how AI is being used across its products on its earnings call. “I think AI — generative AI [Read more]
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Stockreport

Three things we learned about Apple's AI plans from its earnings [TechCrunch]

Apple Inc.  (AAPL) 
More Company Research Source: TechCrunch
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Apple CEO Tim Cook didn't give much away about the company's AI plans on Thursday's Q2 earnings call with investors , but he did confirm a few tidbits about how the tech giant plans to move forward with artificial intelligence. Notably, his comments suggested that despite spending more than $100 billion on R&D over the last five years, Apple isn't planning to spin up too many new data centers to run or train AI models. Instead, when it comes to AI, it will continue to pursue a “hybrid” approach, as it does with other cloud services, the company told investors. AI will span devices beyond the iPhone We also learned that Apple envisions AI as a key opportunity across the “vast majority” of the company's device lineup, not just the iPhone. While we've known this for some time — after all, Apple has been calling its M3 MacBook Airs the “best consumer laptop for AI” — the company shouted out how AI is being used across its products on its earnings call. “I think AI — generative AI [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