Facing questions on AI strategy, Tim Cook says Apple is 'very open' to acquisitions
1. Apple plans significant AI investments post a 10% revenue increase. 2. Cook emphasizes openness to M&A for AI advancements, acquiring seven companies this year. 3. Apple's capital expenditures remain low compared to competitors like Google and Meta. 4. AI-driven growth is marked as a critical focus for Apple's future strategies. 5. Cook reassures investors the iPhone remains central despite AI innovations.