The iPhone 17 is easing Wall Street’s concerns about Apple’s AI troubles - News Summed Up

The iPhone 17 is easing Wall Street’s concerns about Apple’s AI troubles


The company reported earnings that blew past Wall Street’s expectations on Thursday, largely driven by the iPhone 17. The results capture the first full quarter of availability for the iPhone 17, which came out in September. Apple (AAPL) also announced that there are now 2.5 billion Apple devices in use globally. Apple and Google recently announced that the search giant’s AI and cloud technology will power the iPhone maker’s AI models, including the upcoming Siri. Despite the strong results, Apple still has hurdles ahead.


Source: CNN January 30, 2026 02:26 UTC



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