Musk On Apple's Recruiting Tactics, Record iPhone Quarter, Tim Cook Successor And More: This Week In Appleverse

The week was packed with news. Here's a roundup of the top Apple Inc. (NASDAQ:AAPL) stories you might have missed.

Musk: Apple ‘Carpet Bombed’ Tesla Engineers With Recruiting Calls

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), disclosed that Apple aggressively pursued Tesla engineers with incessant recruiting calls and lucrative pay offers during Apple’s abandoned electric vehicle project. This revelation came during a recent conversation with Stripe co-founder John Collison and podcaster Dwarkesh Patel.

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Apple Just Had The Biggest Quarter In iPhone History

Apple Inc. achieved its most significant sales quarter, expanding its market share to 69%. This was despite weak sales in both low-end and premium Android devices, which hindered overall growth.

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If Apple CEO Tim Cook Steps Down In 2026, Here’s Who Could Take Over

Rumors of a leadership shakeup at Apple are gaining traction, with prediction markets indicating a 33% chance that CEO Tim Cook might step down before 2027.

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Apple To Give Qualcomm Holiday Boost

Apple's strong holiday-quarter sales gave Qualcomm Inc. (NASDAQ:QCOM) a significant boost, reflecting solid iPhone demand. Analysts note that seasonal strength in Apple's iPhone volumes supports near-term revenue for Qualcomm. However, ongoing smartphone market softness and rising costs may pose challenges for both companies in the next quarter.

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NVIDIA, Apple, Microsoft Anchor T. Rowe Price's New Active ETF

T. Rowe Price has launched the T. Rowe Price Innovation Leaders ETF (NASDAQ:TNXT), an actively managed fund designed to capture companies driving innovation across various sectors. The ETF, which began trading on the Nasdaq, has a net expense ratio of 0.49%.

Read the full article here.

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.