Facing questions on AI strategy, Tim Cook says Apple is 'very open' to acquisitions
1. Apple plans significant investments in AI, confirming a strategic focus. 2. Tim Cook highlights ongoing M&A activity, regardless of company size. 3. Apple's capital expenditures increased but are lower compared to peers. 4. Internal staff reallocations emphasize AI feature development. 5. Cook reassures that AI will complement, not threaten, the iPhone.