Apple's CEO Tim Cook received a total compensation of $74.3 million in 2025, which is 533 times the median employee pay of $139,483. Cook, who has led Apple since 2011, announced his retirement and will be succeeded by John Ternus, the senior vice president of Hardware Engineering. Despite some criticism over the lack of AI advancements in iOS, Apple reported strong financial results with $461 billion in revenue and $7.49 EPS in the latest fiscal year. Cook's tenure is noted for steady growth and strategic decisions, including a recent partnership with Google for AI technology in Siri.
Jim Cramer warned that rising interest rates, high oil prices, and a surge of AI-related stock offerings, including the upcoming SpaceX IPO, could continue to pressure the stock market. He noted that investors might struggle to push markets higher as...
Apple reached a new all-time high of $315.20, driven by a strong Q2 FY26 earnings report showing 16.6% revenue growth and record iPhone and Services sales. The company raised dividends and authorized a $100 billion buyback, supporting further gains. ...
Apple will reveal a significant AI strategy at its WWDC event on June 8, focusing on an upgraded Siri and deeper AI integration across iOS and macOS. The company plans to use Google's Gemini AI models, paying about $1 billion annually for access, and...
Apple and Alphabet are currently best positioned in the AI industry, generating strong positive free cash flow despite increased capital expenditures across the sector. In contrast, companies like Microsoft, Amazon, Meta, and Oracle are experiencing ...
At Apple's upcoming WWDC, the company plans to unveil a major overhaul of Siri, its voice assistant, as a key part of CEO Tim Cook's final developer conference before John Ternus takes over. The new Siri is expected to feature chatbot capabilities, m...
