Apple CEO Tim Cook didn't dismiss the possibility of a big AI acquisition down the line, but he certainly didn't say one was coming either. The tech giant has acquired seven smaller companies so far this year,

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Apple’s revenue grew by 10%, driven by a 13% increase in iPhone sales, making it the largest quarter for revenue growth since December 2021.

Apple Inc. reported its fastest quarterly revenue growth in more than three years, easily topping Wall Street estimates, after demand picked up for the iPhone and products in China.