Group 1 - Apple is considering integrating AI search engines from OpenAI, Perplexity, and Anthropic into its Safari browser [1] - Eddy Cue, Apple's Senior Vice President of Services, mentioned this during his testimony in the U.S. Justice Department's lawsuit against Alphabet [1] - The discussion is linked to Apple's and Google's estimated $20 billion-a-year deal that designates Google as the default search engine on Safari [1] Group 2 - Searches on Safari experienced a decline for the first time last month, attributed to the rise in AI usage [2] - Cue expressed the belief that AI search providers may eventually replace traditional search engines like Google, prompting Apple's interest in these services [2] - Although Apple is exploring these AI search options, Cue indicated that they are unlikely to become the default due to the need for further improvements [2] - Apple has already initiated discussions with Perplexity regarding this potential integration [2]

Shares of Google parent Alphabet Inc. tanked more than 7% on Wednesday after a senior Apple executive signaled that the iPhone maker was looking at search engine alternatives for its Safari web browser.Eddie Cue, Apple’s senior vice president of services, testified on Wednesday as part of the Justice Department’s antitrust lawsuit against Google that Apple was “actively looking at” AI-powered search engines which would replace Google as the default option on the iPhone and other devices.Alphabet shares were ...

Ever since ChatGPT burst onto the scene in 2022, investors have wondered about the implications for Google. Mainly: What happens to the company if lots of people start using AI engines to answer questions instead of Google's dominant search engine? Now it looks like that might actually be happening.Apple executive Eddy Cue says searches on Apple's Safari browser shrank for the first time ever in April — a change he chalked up to people using AI instead. Cue made that disclosure on Wednesday while testif ...

苹果(AAPL.O)高级副总裁Cue：苹果公司和微软(MSFT.O)已达成年度搜索合作协议。 ...

苹果公司服务主管、所有线上服务的高级副总裁Eddy Cue：浏览器搜索的应用在4月份首次下滑。 公司正探索增添人工智能（AI）搜索功能到自家浏览器产品。 （浏览器搜索业务）收入下滑让我失眠。 ...

苹果公司高级副总裁Cue表示，苹果正在探索在浏览器中加入 人工智能搜索功能。 ...

Investment Rating - The report does not provide a specific investment rating for the company [6] Core Insights - The company's Q2 fiscal performance met expectations with revenue of $95.4 billion, a year-over-year increase of 5.1%, slightly exceeding market expectations [2][3] - The iPhone business generated $46.8 billion in revenue, growing 1.9% year-over-year, with a 10.1% increase in shipment volume, although the average selling price decreased by 7.4% [2][3] - Software services revenue reached $26.6 billion, up 11.6% year-over-year, but the growth rate has slowed [2][3] - The company faces challenges including weak iPhone growth, declining wearable device sales, and increased costs due to tariffs, which may pressure future growth [3] Financial Summary - Revenue projections for the next quarter are expected to grow between 0-5%, indicating a lack of momentum [3] - Historical and projected financial data shows a fluctuating revenue trend with a projected revenue of $407.6 billion for 2025, reflecting a 4.2% year-over-year growth [4] - Gross margin is expected to improve gradually, reaching 47.3% by 2027 [4] Regional Performance - The Greater China region saw a revenue decline of 2.3%, attributed to increased competition and favorable subsidies for Android brands [2][3] - The Americas region accounted for 42.3% of total revenue, growing by 8.2%, while Europe experienced a slight increase of 1.3% [2]

Investment Rating - The report does not provide a specific investment rating for the company [6] Core Insights - The company's Q2 fiscal performance met expectations with revenue of $95.4 billion, a year-over-year increase of 5.1%, slightly exceeding market expectations [2][3] - The growth in revenue was driven by iPhone, Mac, iPad, and software services, while other hardware segments experienced a decline [2] - The company faces challenges including weak iPhone growth, declining wearable device sales, slowing software service growth, and cost impacts from tariffs, indicating potential short-term growth limitations [1][3] Financial Performance Summary - Revenue for Q2 was $95.4 billion, with a gross margin of 47.1% and net profit of $24.8 billion, reflecting a 4.8% year-over-year increase [1][2] - iPhone revenue was $46.8 billion, growing 1.9% with a 10.1% increase in shipment volume, although the average selling price decreased by 7.4% [1][2] - Software services revenue reached $26.6 billion, up 11.6%, but the growth rate has slowed [1][2] Regional Market Performance - Revenue in the Greater China region declined by 2.3%, influenced by competitive pressures and subsidies favoring Android brands [2] - The Americas accounted for 42.3% of total revenue, growing by 8.2%, while Europe saw a slight increase of 1.3% [2] Future Outlook - The company anticipates revenue growth in the next quarter to be between 0-5%, citing risks from tariff pressures, increased competition in China, rising hardware costs, and ongoing investments in AI [3] - Without unexpected innovations or new blockbuster hardware products, the company may face growth pressures in the medium to long term [3]

Here's why those are legitimate concerns for shareholders. Dig deeper, and you might find more serious, longer-lasting worries than sky-high import costs. Apple (AAPL 0.07%) shares fell following last week's release of the numbers for its fiscal second quarter (which ended March 29) -- and understandably so. Although the iPhone maker topped analysts' revenue and earnings estimates, CEO Tim Cook confirmed that newly imposed import tariffs will take their toll. In the current quarter alone, they'll cost the c ...

Last week, we received fiscal second quarter results from Apple (NASDAQ: AAPL ) (TSX: AAPL:CA ) for its March ending quarter. The headline numbers showed top and bottom line beats, as investors are mostly used to, although this was mostly dueI am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment man ...