Tim Cook

May 2, 2025 4:38 PM

Majority of iPhones sold in U.S. in June quarter to be made in India: Tim Cook

Apple Chief Executive Officer Tim Cook on Friday said that India will be the country of origin for a majority of iPhones sold in the United States during the June quarter, signalling a strategic shift in the company’s global supply chain away from China. Speaking during an earnings call with analysts following Apple’s strong financial results for the March quarter, Cook noted that tariffs on Apple products are currently determined based on their country of origin. “For June, we do expect...

June 12, 2024 2:16 PM

How Apple used Google’s help to train its AI models

On stage on Monday CEO Tim Cook's Apple announced a splashy deal with OpenAI to include its powerful artificial intelligence model as a part of its voice assistant, Siri. But in the fine print of a technical document Apple published after the event, the company makes clear that Alphabet's Google has emerged as another winner in the Cupertino, California, company's quest to catch up in AI. To build Apple's foundation AI models, the company's engineers used its framework software with a range of...

May 3, 2024 11:31 AM

Apple sales fall less than expected, CEO sees return to growth

Apple on Thursday reported a shallower than expected decline in quarterly revenue, and Chief Executive Tim Cook told Reuters the company expects a return to sales growth in the current quarter as it invests in AI features to be unveiled in the coming months. Apple said fiscal second-quarter revenue fell 4% to $90.8 billion, beating the average analyst estimate of $90.01 billion, according to LSEG data. For Apple's current quarter, which ends in June, Cook told Reuters the iPhone maker expects ...