Apple Inc. (AAPL)
Apple Eyes Adding AI Search to Replace Google, Ending Tech Giant Partnership
Apple is “actively looking at” revamping its Safari web browser to concentrate on artificial intelligence (AI)-powered search engines and shift away from Google search, potentially creating a colossal shift in the mobile browser landscape. This disclosure was made by Apple's Senior Vice President of Services Eddy Cue during his testimony in the U.S.
AAPL Seeks Safari A.I. Revamp, GOOGL Sells Off
During a U.S. antitrust trial, Apple (AAPL) executive Eddy Cue noted that the company is seeking to overhaul its Safari browser to use more A.I. It's a move that could break Apple's reliance on Alphabet's (GOOGL) Google search.
Google Stock Drops $160 Billion As Apple Executive Suggests Google's Safari Dominance May Be Waning
Shares of Google parent Alphabet tumbled Wednesday after its key partner Apple indicated Google's days of search engine dominance on Apple devices may be numbered, causing Google stock to limp toward one of its largest losses ever, the latest test for the company as generative artificial intelligence reshapes users' search habits.
You have less than 60 days to potentially cash in on Apple's $95 million Siri settlement. Here's what to do.
Apple is set to pay $95 million to settle a class-action lawsuit based on Siri's privacy. The lawsuit accused Apple of obtaining private communications via Siri without user consent.
Apple is looking to add AI search engines to Safari
Apple is looking at adding AI search engines from OpenAI, Perplexity, and Anthropic into Safari, Bloomberg reported on Wednesday.
Google stock drops nearly 10% after Apple says it could ditch search engine as iPhone default
Alphabet stock sank after senior Apple executive signaled that the iPhone maker was looking at search engine alternatives for its Safari web browser.
Apple says searches are shrinking because people are using AI instead. Now Google's stock is tanking.
Google has been worrying about losing search share to AI engines like ChatGPT for a couple of years. It looks like that's started to happen, an Apple executive testified in court.
Apple (NASDAQ: AAPL) Stock Price Prediction and Forecast 2025-2030 (May 2025)
Apple Inc. (NASDAQ: AAPL) has long held an attraction for its ergonomic approach toward computing and communications among students and tech-minded users.
Apple cut share buybacks and the stock got hit. Here's what sellers are missing.
Investors unfairly punished Apple's stock last week after the company announced it was reducing its buyback program to $100 billion from $110 billion.
Apple Growth Story Remains Muted
Apple reported top and bottom line beats for its March ending quarter, but this was largely due to reduced estimates since the prior report. The iPhone has stalled despite new features, while Services are growing nicely but remain less than a third of the business. Apple lacks a "next big thing," with incremental updates and AI features expected to drive only mid-single digit yearly revenue growth.
Apple: Disheartening Signals
Apple reported peak sales growth of 5%, but failed to leverage AI for further growth, leading to a bearish outlook on the stock. iPhone sales remain weak, with only 2% growth in FQ2, and Apple lags in foldable smartphones and smart glasses technologies. Tariff headwinds could add $900 million to quarterly costs, with potential for higher tariffs impacting profits, exacerbating the slow growth issue.
Apple: Desperately Looking For A Narrative (Underweight)
Apple's high valuation multiples are hard to justify due to slowing growth and lack of a compelling story, despite its reliable cash flow. The company's revenue growth has decelerated, with iPhone sales stagnating and Services segment growth slowing, indicating limited upside in the near term. Geopolitical tensions and fierce competition, especially in China, pose significant headwinds, making it challenging for Apple to maintain or grow its market share.
