Apple is reportedly exploring a significant strategic move to bolster its artificial intelligence capabilities by engaging in early-stage discussions to acquire Perplexity AI, a fast-growing startup known for its AI-powered search engine, valued at approximately $14 billion. This potential acquisition, which could cost Apple upwards of $30 billion according to some analysts, would mark the company’s largest-ever deal by far, greatly surpassing its $3 billion purchase of Beats Electronics in 2014. Driven by the need to catch up in the competitive AI race and reduce reliance on partnerships, Apple likely sees Perplexity’s conversational AI and real-time search technology as a transformative addition to enhance Siri and its broader ecosystem. While no formal offer has been made, and Perplexity has stated…

Steve Jobs By SteveJack Steve Jobs famously said of Tim Cook, “Tim is not a product person, per se.” That has turned out to be an understatement, especially with the fact that the Apple Watch, AirPods, and even the Vision Pro concept began under Jobs. I’ve closely observed Apple for decades and I believe that Steve Jobs never meant for Tim Cook to be Apple’s CEO in 2025. When Jobs handpicked Cook as his successor in 2011, many believed it was a strategic move to stabilize the company during a tumultuous transition following Jobs’ untimely death. However, I contend that Jobs intended Cook to serve as a short-term CEO, a 3-5 year placeholder to mollify investors, not to lead Apple…

Apple’s stable earnings, prolific cash flow, and brand dominance make it compelling — the company has returned nearly $1 trillion to shareholders since 2012, its high-margin services business keeps growing, and Apple’s valuation is compelling. The Motley Fool’s Josh Cable writes that these are three reasons to buy Apple stock like there’s no tomorrow. Josh Cable for The Motley Fool: ‎ While Apple stock may have temporarily lost some of its shine, Apple the company is still printing money — and sitting on a mountain of cash. That’s the first reason to buy Apple like there’s no tomorrow. In its fiscal 2025 second quarter, which ended March 29, Apple reported $95.4 billion in revenue, up 5% from the year-ago period.…

Apple CEO Tim Cook By MacDailyNews staff Today, June 20, 2025, Apple’s stock price sits lower than it did in December 2023, a troubling sign for a company once synonymous with innovation and market dominance. This decline reflects deeper issues under CEO Tim Cook’s tenure, raising serious questions about his ability to steer Apple forward. With the stock struggling and the company facing mounting challenges, the case for a new CEO has never been stronger. Cook’s ascent to the top role in 2011 came with a reputation as an “operations genius,” credited with streamlining Apple’s supply chain and boosting profitability while also, unfortunately, shackling the company’s operations to autocratic, CCP-controlled China. See also: “>How Tim Cook’s Apple may have undermined…

A still from Apple’s canned WWDC 2025 “keynote address” video Apple, once renowned for its electrifying live keynote addresses that captivated audiences with Steve Jobs’ charismatic unveilings, has shifted to pre-recorded, highly polished video presentations for its major product launches, a change that began in earnest during the feckless COVID-19 lockdowns which only delayed rather than prevented COVID-19 spread. Even years after COVID restrictions were finally lifted, Apple has continued to favor these canned videos, as seen in events like WWDC 2025, sapping much of the excitement and spontaneity. Vuk Zdinjak writes for TheStreet: ‎ Watching WWDC 2025 felt like punishment. In a world full of people with crippled attention spans from watching TikTok and YouTube shorts, Apple delivered an…

After being blindsided by generative AI, late-to-the-party Apple still has “around two years” to get AI right, but to do so, they will likely need to significantly increase their AI related investments, longtime Apple analyst Gene Munster says. Gene Munster for Deepwater Asset Management: ‎ After years of leaning on on-device machine learning, Apple arrived late to an AI race already dominated by OpenAI, Microsoft, Google, and Meta. Two years ago, Craig Federighi’s team flagged the need for tens of thousands of GPUs, but he delayed spending amid doubts about ROI. When Apple finally moved, then-CFO Luca Maestri approved a slimmed-down budget while Apple’s competitors were ramping up investments. Additionally, Apple’s AI chief, John Giannandrea, questioned consumer demand for chatbots…