Apple CEO Tim Cook promises iPhone sales will rebound after AI features were slow to roll out

Apple CEO Tim Cook promises iPhone sales will rebound after AI features were slow to roll out

Apple shares rose in after-market trading on Thursday after the company forecast higher sales than Wall Street expected, a sign the company expects iPhone sales to recover as it rolls out artificial intelligence features. Apple executives said they expect sales for the current quarter to rise in the low- to mid-single digit range. After accounting for a … Read more

Trump speaks with Apple CEO Tim Cook, teases US investment

Trump speaks with Apple CEO Tim Cook, teases US investment

President-elect Trump on the eve of his inauguration says he spoke with Apple CEO Tim Cook and teased a potential move by the world’s most valuable company. “I spoke with Tim Cook of Apple. He said they’re going to make a massive investment in the United States because of our big election win,” he said … Read more

Nvidia CEO skips Trump’s inauguration for Lunar New Year Asia visit, source says

Nvidia CEO skips Trump’s inauguration for Lunar New Year Asia visit, source says

Nvidia CEO Jensen Huang is expected to miss the inauguration of US president-elect Donald Trump on January 20, bucking a trend among high-profile technology leaders. Huang is visiting East Asia this week, as he typically does around the time of the Lunar New Year, according to a person familiar with the situation. He had never … Read more

Apple CEO Tim Cook’s Salary Gets 18% Raise, He Is Now Earning…

Apple CEO Tim Cook’s Salary Gets 18% Raise, He Is Now Earning…

Last Updated:January 11, 2025, 14:16 IST In 2024, the compensation of Tim Cook was $74.6 million (Rs 643 crore) in comparison to $63.2 million (Rs 544 Crore) the year before Apple CEO Tim Cook’s compensation was $74.6 million (Rs 643 crore) in 2024 after receiving an 18% hike. (Photo Credits: LinkedIn) A month before its … Read more

Apple forms Shanghai data-processing venture as AI push in China still in limbo

Apple forms Shanghai data-processing venture as AI push in China still in limbo

Apple has formed a new data-processing venture in Shanghai, according to business registry information, as the US tech giant’s bid to bring artificial intelligence (AI) services to iPhones in mainland China remains in limbo. Established on Friday with a registered capital of US$35 million, Apple Technology Development (Shanghai) will focus on software development, big data … Read more

Foreign phone sales plunge 47% in China, spelling trouble for Apple

Foreign phone sales plunge 47% in China, spelling trouble for Apple

An Apple flagship store in Shanghai, China, October 15, 2024. Cfoto | Future Publishing | Getty Images Sales of foreign phone brands in China plunged in November, according to official data released Friday, underscoring further pressure on Apple, the biggest international handset vendor in the country. In November, foreign mobile phone shipments in China stood … Read more

Tech companies most threatened by Trump donating to inauguration fund

Tech companies most threatened by Trump donating to inauguration fund

 U.S. President-elect Donald Trump smiles at the crowd during the National Guard Association of the United States’ 146th General Conference & Exhibition at Huntington Place Convention Center on Aug. 26, 2024 in Detroit, Michigan. Emily Elconin | Getty Images News | Getty Images Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos have a particularly … Read more

Tim Cook: This Is How AI Will Change the iPhone, iPad, Mac

Tim Cook: This Is How AI Will Change the iPhone, iPad, Mac

Apple CEO Tim Cook says AI is an unmistakable turning point for technology. In an interview with Wired released on Wednesday, Cook discussed AI’s impact on Apple and said it will enhance all of Apple’s offerings at some point by changing the way users interact with their phones, tablets, and laptops. “AI will reinvent and … Read more

Apple won’t launch a smart ring, says Oura CEO: ‘It’s hard to do’

Apple won’t launch a smart ring, says Oura CEO: ‘It’s hard to do’

The Oura Ring 4. Courtesy: Oura LISBON — Apple will not introduce a smart ring, the CEO of health-tech firm Oura told CNBC, despite speculation the iPhone giant may be considering a move into this product category. Samsung’s smart ring debut earlier this year has put the product firmly in the spotlight, with one analyst … Read more

From Zhu Rongji to Wang Qishan, reins pass at a back channel of Chinese diplomacy

From Zhu Rongji to Wang Qishan, reins pass at a back channel of Chinese diplomacy

Former Chinese vice-president Wang Qishan has replaced ex-premier Zhu Rongji as honorary chairman of a high-profile multinational academic board that serves as a key “track 1.5” diplomacy channel for Beijing. The advisory board of the Tsinghua University school of economics and management was founded by Zhu in the year 2000 to be a platform for … Read more