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KP
Executive

Kevan Parekh

CFO at Apple

Apple finance chief explained the company uses a 'hybrid' capital investment model combining operating expenses through partners with proprietary chip infrastructure.

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Facing Questions on AI Strategy, Tim Cook Says Apple Is 'Very Open' to Acquisitions
CNBCnewscautiousAug 1, 2025

Tim Cook confirmed Apple is significantly increasing AI investments and is 'very open' to acquisitions of any size to accelerate its AI roadmap, though the company's capex spending remains substantially lower than Google, Meta, and Microsoft.

“Apple finance chief explained the company uses a 'hybrid' capital investment model combining operating expenses through partners with proprietary chip infrastructure.”

AI InvestmentAI InfrastructureAI CompetitionAI Chips/Hardware