Overview
- Cook dismissed reports that he plans to step down, saying he loves his job and "can't imagine life without Apple."
- He reiterated a privacy‑first AI approach that performs as much processing as possible on‑device and routes tougher tasks to Apple's encrypted Private Cloud Compute.
- He outlined $600 billion in U.S. investment over four years, including iPhone glass from Kentucky by year‑end, over 100 million system‑on‑a‑chip units made in Arizona this year, and more than 20 billion semiconductors produced in the U.S. for worldwide devices.
- He said Apple is monitoring court developments on potential refunds after a recent Supreme Court decision, with roughly $3.3 billion in tariffs at issue.
- Analysts continue to scrutinize Apple’s AI roadmap as reporting indicates a deal to use Google’s Gemini for some iPhone features, drawing concern about reliance on a competitor.