Apple delivers strong quarter
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Investors have been displeased by Apple's lack of artificial-intelligence innovation in 2025. But in a market that's increasingly skittish about massive AI capital expenditures, Apple's in the perfect position,
That’s never been more clear than yesterday when, for the first time, Apple Services revenue passed $100 billion for the full year. The company wants to shift the narrative from Services to AI, but it’s still the Services business that quietly prints money.
The CEO was facing risks from Trump’s tariffs, Google litigation and the AI craze. He turned to his playbook and now the iPhone maker is worth $4 trillion.
Apple is forecasting operating expenses above the consensus view as it spends more on artificial intelligence. "The vast majority of the increase to our operating expenses \[is\] driven by R&D...while we continue to manage the company in a thoughtful and disciplined way,
Apple has quietly launched operations at its new Houston AI server plant, months ahead of schedule. The company said it is still ramping up and creating thousands of jobs.
Apple briefly topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race.
Apple on Tuesday became only the third company to break through the $4 trillion market value milestone. Apple shares rose fractionally in early trading, just enough to briefly push the company’s value above the historic level. It ended the trading day at $3.99 trillion.
Microsoft's Copilot is already helping generate billions in revenue, while Apple is in the midst of enhancing its iPhones with new AI features.
Apple has begun shipping American-made artificial intelligence servers from a newly built factory in Houston, beating its 2026 target. The
Apple's artificial-intelligence advantage will hinge on AI at the edge, or the process of running models on local devices instead of on a remote cloud, analysts believe. AI could enhance potential new product offerings such as eyewear or in-house robots,
Amazon is the pioneer in infrastructure-as-a-service with its Amazon Web Services business. Over the last 20 years or so, it's grown to become a $120 billion business, far bigger than Microsoft's $75 billion Azure cloud business or Alphabet's $50 billion Google Cloud.
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