Apple's quarterly revenue growth is the largest since the end of 2021, Cook: will significantly increase AI investments.

date
02/08/2025
Apple's total revenue increased by 10%, marking the largest quarterly revenue growth since December 2021. Apple CEO Tim Cook stated that Apple will "significantly increase" its artificial intelligence investments and the company is "open to acquisitions to accelerate our roadmap." Apple also had success in the Chinese market, with sales increasing by 4% year-on-year, reaching $15.37 billion. Cook mentioned that subsidies provided by China for certain devices have helped Apple's development in the region.