Apple CEO drops bombshell about its future
Apple CEO falls about the future of bombs It appeared initially TheesTreet.
Apple is close to God when it comes to making announcements, loyal fans and harsh investors to death in the dark until the timing is right.
The company’s founding Steve Jobs’ mentality, which is reflected by the amazing product at Apple Keynote conferences, is shared by the current CEO Tim Cook. Unlike other major technology leaders, including Elon Musk, Cook often allows Apple’s products to speak.
As a result, investors often look closely at Cook’s comments during conference talks and seek clues to what they might have planned for the next company.
During Apple’s second quarter earning conference meeting, Cook may have reduced its guards slightly when Apple offers an interesting response to the great cash stock and artificial intelligence ambitions.
Apple reported a solid June quarter that exceeds the expectations of analysts.
Revenue was 94 billion dollars with an annual increase of 10% and almost $ 5 billion better than the Wall Street expected. Net revenue was over $ 23 billion, which earns per share or EPS, 12% compared to a year ago and 14 cents ahead of estimates.
Related: Experienced analyst, Apple’s unexpected star points in the earning report
The company’s big profit increased its cash stack last year from approximately $ 30 billion to approximately 36 billion dollars and gave plenty of financial firepower to invest in its products and software.
And that’s exactly what investors want to see.
While competitors like Google entered artificial intelligence, AI Chatbot Gemini’yi, Apple’s AI strategy was very little, very late criticized.
According to the company’s peers, the slowdown of undisputed AI solutions has enabled many investors to wonder that the mentality of Tim Cook will not miss the most important opportunity since the dawn of the Internet.
However, during Apple’s earning conference meeting, Cook acknowledged that he was considering accelerating Apple’s AI efforts using the large cash war breast.
When the Citi analyst Aif Malik asked about the expectations of “major merger and purchasing”, Cook clearly answered.
“We bought about seven companies this year, Cook Cook said. “We are very open to M & A, which accelerates our roadmap… We don’t get stuck in a particular company.”
Cook said that there is nothing to announce right now, but that the desire to think about a big deal may mean that the reports of interest in astonishment, a big AI player, may be merit.
