Tim Cook
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Apple announces new Mac mini & Mac Studio featuring new M5 & M6 chips
Apple has announced the latest iterations of its Mac mini and Mac Studio computers, featuring new M5 and M6 series chips. The Mac mini will offer M6 and M5 Pro options, while the Mac Studio will be powered by M5 Max and M5 Ultra chips, promising significant performance boosts in CPU, storage, and graphics. Both product lines will also include Wi-Fi 7 and Bluetooth 6, with pricing starting at $899 for the Mac mini and $2,499 for the Mac Studio.
Telegram keeps getting yanked from the App Store. X never does — here’s why
Apple's App Store moderation policies appear to be applied inconsistently, with Telegram being removed for child sexual abuse material while X faced no delisting for similar deepfake content generated by its AI chatbot, Grok. This disparity is attributed to X's stronger political support in the US and a more direct engagement from Apple with its developers, including Elon Musk, compared to Telegram.
Apple (AAPL) is seeing 'very significant constraints' in the supply chain
Apple CEO Tim Cook has indicated that the company is facing significant supply chain constraints, particularly for DRAM and storage components, which are expected to increase sequentially. These constraints, exacerbated by high demand from artificial intelligence companies, are leading to price increases and limited flexibility for products like the iPhone and Mac. Despite these challenges, Apple managed to exceed revenue and EPS expectations for its Q3 2026 quarter.
Apple (AAPL) Q3 2026 earnings results beat revenue and EPS expectations
Apple reported its Q3 2026 earnings, exceeding revenue and EPS expectations with $109.42 billion in revenue and $2.02 earnings per share. CEO Tim Cook highlighted a record-breaking June quarter with double-digit growth in iPhone, Mac, and Services across all geographic segments, also mentioning the introduction of the new Siri AI at WWDC26. Despite the positive financial results, Apple's stock saw a decline in after-hours trading, potentially due to Services revenue falling slightly short of analyst predictions.
Apple Reclaims the Most-Valuable-Company Title From Nvidia — By Doing Almost Nothing
Apple has once again surpassed Nvidia to become the world's most valuable company, with its market capitalization reaching $4.9 trillion compared to Nvidia's $4.8 trillion. This shift is attributed to investor sentiment moving away from the volatile AI sector towards Apple's more stable financial strategy, including its decision to leverage Google's AI solutions for Siri instead of investing heavily in in-house development.
Report suggests the US gov may have 'urged' Apple into Intel chipmaking deal to avoid tariffs, at almost the same time it took a $9 billion stake in blue team stock
A report suggests the US government, under Donald Trump, urged Apple to use Intel's manufacturing plants for its chips to avoid tariffs. This occurred around the same time the government took a significant stake in Intel. Apple reportedly committed to investing $100 billion in US manufacturing and secured an exemption from semiconductor tariffs.
Apple (AAPL) announces new $30 billion deal with Broadcom (AVGO) to build more U.S. chips
Apple has announced a new $30 billion deal with Broadcom to manufacture processor chips within the United States, aiming to establish an end-to-end silicon supply chain. This agreement will result in over 15 billion chips being produced as part of Apple's largest ever American Manufacturing Program commitment. CEO Tim Cook highlighted the partnership as a significant step in deepening investments in U.S.-based suppliers.
Apple (AAPL) stock drops on news of MacBook and iPad price increases
Apple's stock saw a six percent drop following the announcement of immediate price increases for its MacBook and iPad hardware. The company cited rising memory and storage costs, exacerbated by the expansion of AI data centers, as the reason for the hikes. CEO Tim Cook had previously warned that such increases were becoming unavoidable.
The RAM crisis comes for Apple: Mac and iPad prices jacked up by hundreds as company says 'We have never seen a component price increase this much, this quickly'
Apple has significantly increased the prices of its Mac and iPad lines due to a rapid and substantial rise in component costs. The company stated that it has never experienced such a swift and large increase in component prices before. While iPhones are currently unaffected, CEO Tim Cook indicated that price hikes for all products might become unavoidable if the situation persists.
Evening Reading - June 18, 2026
Shacknews' Evening Reading for June 18, 2026, highlights that Grand Theft Auto 6 pre-orders will begin on June 25th with the cover art revealed. The article also touches on reviews for The Adventures of Elliot and UFC 6, new Pokémon content, Apple's price increases, Epic Games' use of AI in Unreal Engine, and various other internet curiosities including custom game art and mods.
'Price increases are unavoidable' says Tim Cook, proving even Apple isn't impervious to the global memory…
Apple CEO Tim Cook has stated that price increases for memory and storage components are unavoidable due to unprecedented global supply chain issues. He described the current situation as a 'hundred-year flood' and indicated that Apple is absorbing some of the cost increases to shield consumers but that the situation has become unsustainable.
Apple Says Price Hikes Are Coming, But Won’t Say Which Devices Will Be Hit
Apple CEO Tim Cook has indicated that price increases for its hardware are unavoidable due to ongoing component shortages and rising costs. While specific devices were not named, the company is working to mitigate the impact on consumers. The Mac Mini has already seen a price hike, and similar increases may affect iPhones and other products.
Evening Tech Bits
Tim Cook stated that Apple anticipates unavoidable price increases due to a memory crunch. Separately, a breakthrough in quantum error correction is expected by 2028.
Apple (AAPL) CEO Tim Cook says price increases are unavoidable due to rising memory costs
Apple CEO Tim Cook stated that price increases for products like the iPhone are unavoidable due to rising memory costs driven by the demand for artificial intelligence. While Apple is attempting to mitigate these increases for consumers, the situation has become unsustainable. The company also announced a $100 billion share buyback program.
Tim Cook says Apple price increases are 'unavoidable' due to memory crunch
Apple CEO Tim Cook stated that price increases for Apple products are unavoidable due to a global memory chip shortage. This 'RAMaggedon' is impacting the cost of components and will likely lead to higher prices for consumers.
Engadget Podcast: WWDC 2026 thoughts from Apple Park
This article discusses initial thoughts on Apple's WWDC 2026 announcements, focusing on Siri AI advancements and Tim Cook's ongoing legacy. The discussion also touches upon broader industry analysis related to the event.
How to watch Apple's WWDC 2026 keynote
Apple CEO Tim Cook will participate in the company's WWDC keynote presentation on June 8. This marks his final WWDC presentation.
It's Lenovo a-go-go as the company is responsible for nearly 1 in 4 of all PCs shipped worldwide
Lenovo has announced its financial results for the 2025/26 fiscal year, retaining its position as the number one PC manufacturer globally with a 24.4% market share. The company reported a record fourth quarter revenue of $21.6 billion, a 27% year-on-year increase, partly driven by AI-related sales. HP remains in second place, with the gap between the two manufacturers widening to its largest in 15 years.
Morning Tech Bits
Nvidia CEO Jensen Huang was notably absent from the list of tech leaders, including Apple's Tim Cook and Elon Musk, invited to President Trump's state visit to China. The article highlights this snub in the context of international business relations.
Apple CEO doesn't expect the RAM memory crisis to go away any time soon
Apple CEO Tim Cook anticipates that the current crisis of expensive RAM memory will persist, impacting the company's business. He noted that while Apple managed minimal impact in the last quarter, significant effects are expected on Mac models due to high demand and continued high memory costs. This situation is exacerbated by the increasing demand for AI data centers, contributing to a wider industry-wide supply crunch.