Apple made $102.5 billion in sales in the fourth quarter of fiscal 2025, which concluded on Sept. 27, 2025. This was an 8% increase from the previous year. The company's diluted earnings per share were $1.85, which was a 13% increase on an adjusted basis, according to Apple.

Apple — the world's number one smartphone maker — will retain a great deal of oversight on its Apple Intelligence-powered Siri upgrade, despite its headline-making deal with Google, according to a report by the Information.

An Apple insider has revealed some details about Gemini's role in Apple's upcoming Siri upgrade and AI features.

Apple Intelligence launched in 2024, but 2026 looks to be a far more important year for the AI platform—starting with ‘Siri 2.0’ this spring.

"Google's technology provides the most capable foundation for Apple Foundation Models," Apple said in a statement obtained by CNBC.

Apple will lean on Google to help finish its bungled attempts to smarten up its virtual assistant Siri and bring other artificial intelligence features to the iPhone as the trendsetting company plays catch up in technology’s latest craze.

Quick Read Apple stock fell over 10% across seven sessions and entered correction territory. Alphabet surpassed Apple in market cap amid concerns Apple lags in AI development. A major Siri upgrade using Google Gemini is expected this spring.

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