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The Latest Breaking News from Dipanjan Chatterjee

'The baton will pass effortlessly to Ternus But he must resist the temptation of incrementalism:' industry reacts to new Apple CEO

Tim Cook's Apple career began in 1998, and he succeeded Steve Jobs as CEO in 2011. His last day in charge is set to be August 31.

Tom’s Guide

Tim Cook names successor as he steps down as Apple CEO

Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a 15-year tenure that saw the company’s market value soar by more than €3.3 trillion during an iPhone-fuelled era of prosperity.

Euronews

Fifteen years after Steve Jobs, Tim Cook leaves a dramatically different Apple

Cook exported the smartphone revolution from the US to the world and turned Apple into one of the most powerful and profitable companies on Earth

The Guardian - US

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Apple says it's ready to spend big on AI to catch up to ChatGPT and Google — and this could be its first target

Apple CEO tells investors the company is planning to "significantly grow our investments" in AI.

Tom’s Guide

Apple's blowout earnings marred by tariff fears, a slow AI rollout, and the stock barely moves

On tariffs, "We estimate the impact to add about $1.1 billion to our costs," CEO Tim Cook said.

Fortune

Apple quietens Wall Street’s fears of China struggles and slow AI progress

Tech giant sees double-digit revenue rise, with huge gains in iPhone sales, despite stock-price drop and looming tariffs

The Guardian - US

Tesla Faces Profit Slump and Shrinking European Market Share as Musk Warns of Rough Quarters Ahead

A tumultuous period lies ahead for Tesla as profits decline and its European market share shrinks. Elon Musk warns of "rough quarters" due to expiring US tax credits.

International Business Times UK

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AI takes backseat as Apple unveils software revamp and new apps

AI announcements at WWDC limited to incremental features and upgrades despite pressure to compete

The Guardian - US

Apple has had few incentives in the past to start making iPhones in US

Unhappy that Apple intends to source nearly all of its U.S. iPhones from India, President Donald Trump on Friday threatened a 25% tariff on the popular device unless the tech giant moves production to the United States

The Independent UK

$2,150 for an iPhone? Trump tariffs are ‘category 5 price storm’

US is not set up to supply mobile phones and would cost estimated $30bn to move just 10% of chain from China

The Guardian - UK

Trump wants iPhones to be made in the US. It's unlikely Apple will leave China despite his tariffs

Donald Trump is hoping Apple will return to the US to make its flagship products. Even with tariffs in place, there's little incentive for the tech giant to leave China.

Euronews

Apple has few incentives to start making iPhones in U.S., despite Trump's trade war with China

President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the U

The Independent UK

How Trump's latest tariffs could affect your wallet

Steeper tariffs mean you’ll likely see higher prices from the grocery aisle to your next car repair

People

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