Apple Inc. delivered record quarterly sales and a better-than-anticipated forecast for the current period, even as the company warned that rising component costs are threatening to squeeze margins.

Apple's acquisition of Q.ai is its second priciest of all time, showing just how dedicated the company is to competing in the AI race.

By Stephen Nellis SAN FRANCISCO, Jan 29 (Reuters) - Apple on Thursday said it has acquired Q.ai, an Israeli startup working on artificial intelligence technology for audio. Apple did not disclose terms of the deal for Q.

Wedbush reiterated an Outperform rating, continuing to emphasize Apple’s strategic positioning, AI optionality, and product ecosystem strength. The post Apple Inc. (AAPL) Analysts Update Price Targets After Earnings Report appeared first on Stock Target Advisor.

Apple Inc. iPhone 17 launch boosts revenue and China share, but rising memory costs may hit margins from FY26. Click for this AAPL earnings update.

Apple CEO Tim Cook believes that his company will have opportunities to deliver "innovations that have never been seen before" this year. "As I said at the beginning of my remarks, this was, in so many ways,

As Big Tech battles for dominance in artificial intelligence, Apple is flying high on the success of the iPhone.

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Apple's acquisition of Q.ai would mark the second highest valued acquisition the former has ever made outside of the Beats audio brand.

Apple has once again achieved its highest-ever quarterly performance, driven by a surge in iPhone sales. The company surpassed Samsung Electronics in global smartphone sales last year, claiming the top spot.