September 11, 2025 1:22 PM

Slim iPhone Air may be a design win for Apple, but AI doubts linger, analysts say

Apple CEO Tim Cook channeled his predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company's slimmest handset yet and the biggest change in eight years to a lineup fans and analysts complained was stagnating. Cook kicked off the company's annual product launch event at its Cupertino, California, headquarters with a Jobs quote: "For us, design goes beyond just how something looks or feels. Design is also how it works." Inside its 5.6-mm (0.22-inch) slim ...

May 6, 2025 10:26 PM

Global giants like Apple see economic sense in investing in India: Scindia

Union telecom minister Jyotiraditya Scindia on Tuesday said that global tech giants such as Apple see strong economic logic in setting up manufacturing facilities in India. Addressing the Bharat Telecom event here, Scindia said investing in India today is not merely an act of goodwill, but a move driven by sound economic reasoning for every OEM (original equipment manufacturer). “Apple has decided to source and produce all its mobile phones in India in the coming years. Because when you inve...

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 ...