The investor community is interested in Siri AI’s potential to boost iPhone upgrades, and at the same time concerned about what it means for Apple’s rising capital expenditure costs. Cook suggested that the financial outlook for Siri AI is still unclear, but did mention in passing that heavy users of Siri AI will be faced with an iCloud+ subscription paywall.
Tim Cook Thanks Shareholders on His Final Apple Earnings Call Apple CEO Tim Cook today confirmed that today’s call was his last as CEO, with John Ternus set to become Apple’s new CEO on September 1. Cook will transition to a new role as executive chairman when Ternus becomes CEO. I just wanted to take a moment to say thank you to all of you, from our shareholders, particularly our long-term shareholders who have put their trust in us for so many years, to the analysts who have followed our company so closely. As you know, this will be my final earnings call, and John will lead these calls going forward.
Cook said the transition to Ternus is "going seamlessly," and he is excited for Ternus to lead Apple into its next era. As I’ve said, I couldn’t be.
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CHUCKYSCARNAGE 