{"id":11063,"date":"2023-08-03T22:37:35","date_gmt":"2023-08-03T20:37:35","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/08\/03\/apple-revenues-fall-for-third-straight-quarter-as-company-invests-heavily-in-ai\/"},"modified":"2023-08-03T22:37:35","modified_gmt":"2023-08-03T20:37:35","slug":"apple-revenues-fall-for-third-straight-quarter-as-company-invests-heavily-in-ai","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/08\/03\/apple-revenues-fall-for-third-straight-quarter-as-company-invests-heavily-in-ai\/","title":{"rendered":"Apple revenues fall for third straight quarter as company invests heavily in AI"},"content":{"rendered":"

CEO Tim Cook says increased R&D spending is in part driven by work on generative artificial intelligence<\/p>\n

Apple boss Tim Cook announced the company was investing heavily in artificial intelligence (AI) on Thursday as the company announced its third consecutive quarter of declining revenues, the company\u2019s most prolonged sales slump since 2016.<\/p>\n

Apple\u2019s sales for the fiscal third quarter ending 1 July fell 1.4% to $81.8bn. Over the quarter the company made a profit of $19.9bn, higher than analysts had expected.<\/p>\n

Reuters contributed to this story<\/em><\/p>\n

Continue reading…<\/a>
\nCEO Tim Cook says increased R&D spending is in part driven by work on generative artificial intelligence
\nApple boss Tim Cook announced the company was investing heavily in artificial intelligence (AI) on Thursday as the company announced its third consecutive quarter of declining revenues, the company\u2019s most prolonged sales slump since 2016.
\nApple\u2019s sales for the fiscal third quarter ending 1 July fell 1.4% to $81.8bn. Over the quarter the company made a profit of $19.9bn, higher than analysts had expected.
\nReuters contributed to this story Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

CEO Tim Cook says increased R&D spending is in part driven by work on generative artificial intelligence Apple boss Tim Cook announced the company was investing heavily in artificial intelligence (AI) on Thursday as the company announced its third consecutive quarter of declining revenues, the company\u2019s most prolonged sales slump since 2016. Apple\u2019s sales for …<\/p>\n

Apple revenues fall for third straight quarter as company invests heavily in AI<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":11064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11063"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=11063"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/11064"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=11063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=11063"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=11063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}