Good morning. Apple SVP and CFO Kevan Parekh participated in his first earnings call on Thursday, and it was a banger. Parekh reported that Apple, whose market cap is bigger than the GDP of most ...
Apple forecasts strong sales growth despite a slight dip in iPhone revenues, attributed to a cautious AI rollout. CEO Tim Cook noted that AI features will reach more users in Europe, boosting shares.
Artificial intelligence (AI) features are now turned on by default on iPhone 16 and iPhone 15 Pro/Max devices, and so Apple Intelligence pulls information from apps and tack action within them ...