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CEO Tim Cook will step down on Sept.
Tim Cook will step down as Apple CEO on Sept. 1, replaced by John Ternus.
KEY POINTS
- Apple's Q2 revenue guidance of up to $110.7 billion exceeds analysts' expectations by several percentage points.
- Apple recently partnered with Google to build future Siri versions on Gemini models and cloud technology.
- Apple acquired AI startup Q.ai for $1.6 billion in January to strengthen Siri’s capabilities.
- Apple's new M5 chip and iOS 27 will enable Siri to use third-party AI engines on-device.
COMPANIES
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