Tim Cook: Apple is planning more AI partnerships | Infinium-tech

After successful Q4 where Apple generated $102.5 billion in revenue, CEO Tim Cook speaks cnbc About the company’s performance and its future goals. Cook revealed that despite strong demand, Apple is facing supply constraints on the iPhone 17 and several models of last year’s 16 series.

Apple’s favorable revenue results are expected to continue into the holiday period, with projected revenue growth for the December quarter at 10%-12%.

Cook also confirmed that Cupertino plans to release the long-awaited and delayed version of its AI-overhauled Siri next year. Apple was supposed to bring its updated Siri earlier this year, but the launch has been delayed once again. The most recent rumors suggest that it will launch in March, 2026.

Apple plans to partner with more AI providers for its Apple Intelligence suite from 2024 onwards following its OpenAI deal. Cook did not elaborate on specific companies, but he confirmed Apple’s intention to form new AI partnerships.

Tariffs have been a hot topic in the tech sector for much of this year, and Cook confirmed that Apple incurred $1.1 billion in additional costs during the September quarter. Apple expects $1.4 billion in tariff costs for the December quarter.

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