Apple CEO Tim Cook on AI replacing the iPhones: It is difficult to see …

Apple reported a strong fiscal third quarter for 2025, with record June quarter revenue of $94 billion. CEO Tim Cook addressed AI’s potential, stating it’s unlikely to replace the iPhone soon, emphasizing the iPhone’s multifaceted role and AI’s potential to enhance it. Apple is significantly increasing AI investments, focusing on personalized, on-device features and a private cloud architecture.