Tim Stenovec

Every analyst has really pointed to that.

I mean, we can talk about the relationship that Apple has with Google and for Gemini.

We could talk about all the money going to open AI potentially from Amazon and other companies, about a potential $100 billion fundraising round.

We could talk about Apple relying on third parties rather than building its own.

Is there a risk in doing that?

Yeah, we talked about that.

We talked about that.

You know, I talked about how you started pointing that out back in May of last year.

But that was the first report post-Liberation Day.

But, you know, there are high prices, and then there's Apple dealing with high prices.

And when I asked Mark this question about how they were able to successfully navigate these higher memory prices, he said, well, one, they're Apple, and two, they buy so far in advance, and they buy the components, too, that go in.

So at a certain point, Ed, it'll hit them, right?

So the first thing Mark said to us, I know you were blogging, Ed, and you were looking at the results, was Tim Cook just bought himself time.

Tim Cook gets to keep his job.

I mean, there's been a lot of questions about succession.

Mark says that's one of two questions he would ask on the call.

The other would be about AI.

In your view, was his job, not at risk, but...

You know, there are questions about who leads this company after Tim Cook.

So, Ed, we have time for one more question, and we'd be really remiss if we didn't ask you your view on this news coming just late in the day, switching gears a little bit, still on AI.