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Apple Surpasses Earnings, Secures $1B AI Deal with Google

11/11/2025

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Story summary
  • Apple Inc. reported Q4 earnings that exceeded expectations.
  • The company secured a $1 billion annual deal with Google to enhance Siri using the Gemini AI model, a significant move in its AI strategy.
  • The company is testing a new budget Mac aimed at students and casual users.
  • Its capital expenditures were $12.7 billion for fiscal 2025, shielding it from volatility affecting other tech giants investing heavily in AI.