Apple on Thursday reported a 10% drop in iPhone sales for the second fiscal quarter, dropping from $51.33 billion to $45.96 billion, year-over-year. The slowdown was fueled, in part, by an 8% drop in China.
Apple’s slow adoption of AI versus competitors like Google and Microsoft likely played a role in consumers’ decision to hold off on purchasing a new iPhone. Apple has promised some big announcements on that front (likely at WWDC in June), but the iPhone 16 itself likely won’t arrive until fall.
“Keep in mind as we described on the last call in the March quarter a year ago, we …
Read more…….
Artificial Intelligence
Ambience Healthcare raises $70M for its AI assistant led by OpenAI and Kleiner Perkins
Artificial intelligence has an increasing role in the world of healthcare, and startups that bring the two worlds closer are seeing significant traction with customers, and investors. In the latest development, Ambience Healthcare — has […]
Artificial Intelligence
Women in AI: Brandie Nonnecke of UC Berkeley says investors should insist on responsible AI practices
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish […]
Artificial Intelligence
Bosch to acquire TSI Semiconductors for $1.5B to boost US chip production
Bosch will acquire the assets of U.S. chipmaker TSI Semiconductors to expand its semiconductor business with silicon carbide chips (SiC), the German engineering and technology giant said Wednesday. Bosch also said that following the acquisition, […]