Tim cook articles

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Why Apple's next CEO is likely to be John Ternus

Looking ahead: Analysts have begun speculating about how much longer Apple will remain under CEO Tim Cook, who turns 65 next month. Although several of the company's executives appear qualified to succeed him, Apple's recent actions have increased the likelihood that hardware engineering chief John Ternus will take over within the next few years.
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Tim Cook says AI is now Apple's top priority, "bigger than the internet"

Cook compares AI to the launch of the Mac, iPhone, and iPad - calls it a make-or-break moment
Big quote: In a rare all-hands meeting at Apple's Cupertino headquarters, CEO Tim Cook made it clear to thousands of employees that AI now stands at the forefront of the company's ambitions. Addressing a packed auditorium following a stronger-than-expected earnings report, Cook called the AI transformation "as big or bigger" than the internet, the smartphone, cloud computing, and apps. "Apple must do this. Apple will do this. This is sort of ours to grab," Cook told staff, vowing, "We will make the investment to do it."
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Apple iPhone exports from China to the US fall 76% as India output surges

India's iPhone exports rose 76%, matching China's decline
In brief: In news that comes as little surprise, Chinese exports of iPhones fell dramatically in April, while those from India increased by 76% year-over-year. It comes as Cupertino focuses more on India as a manufacturing point for its handsets amid the uncertainty of the China tariffs. However, Donald Trump recently threatened a 25% tariff on Apple if it doesn't start making iPhones entirely in the US.
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Trump's dream of a US-made iPhone clashes with Apple's manufacturing reality

A $2,300 iPhone?
In context: President Trump's 104% tariff on goods imported from China is now in effect. It will have an enormous impact on many US firms, especially Apple, which relies heavily on China to manufacture its iPhones. Trump believes the solution is to start making the handsets in the US, but that would be nearly impossible, especially in the short term. And even if it were, iPhones would likely become much more expensive.