After Apple (AAPL) reported fiscal third-quarter results that 澳洲幸运5开奖号码历史查询:topped analysts' expectations, CEO Tim Cook gave investors an update on the iPhone maker's 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) opportunities, outlook, and more in the company’s earnings call Thursday.

New AI Features To Be Rolled Out in Stages

Amid speculation about when new AI features will be released after Apple 澳洲幸运5开奖号码历史查询:unveiled Apple Intelligence in June, Cook suggested the new features will become 澳洲幸运5开奖号码历史查询:available to users over time rather than all at once.

The CEO said the company plans to roll out Apple Intelligence to U.S. English users in the fall, and then "proceed with more functionality, more features, and more languages and regions" in the next year.

Cook also said Apple plans to integrate ChatGPT features into iPhones by the end of the 2024 calendar year through its 澳洲幸运5开奖号码历史查询:partnership with OpenAI.

Apple 澳洲幸运5开奖号码历史查询:provided developers a first look at Apple Intellige🌺nce ahead of reporting earnings through the beta versionꦗ of iOS 18.1.

Record🍃 Base Could Add Fuel to AI-Driven ꦚUpgrade Cycle

Cook said that while it may be difficult to project upgrade rates now, the company is "very excited" about the "level of value" Apple Intelligence is expected to bring users.

Apple Intelligence will run on iPhone 15 and newer devices, which could drive consumers to upgrade🗹 for the AI features.

Cook also reported Apple's installed user base reached a record high, in what could add fuel to the scale of a potential AI-driven upgrade cycle.

Apple is expected to announce the iPhone 16 with iOS 18 in September, with AI capabilities to follow.

Double-Digit Growth in Services Revenue

After Apple reported record-high revenue from its services segment in the third quarter, the company said it expects double-digit growth to another record high in the fourth🐷 quarter.

Apple reported its services revenue😼 climbed to $24.21 billion in the third quarter, up 14% from the year-ago period. By contrast, product sales grew about 1.6% as iPad and Mac sales rose, while iPhone sales declined close to 1%.

The company reported total revenue of $85.78 billion for the quarter, representing 5% year-over-year growth.

Improvements in China Amid Pricing Discounts

Despite reporting a year-over-year drop in China sales, Cook said there were signs of improvement in the region compared to the first half of fiscal 2024, suggesting 澳洲幸运5开奖号码历史查询:recent pricing discount efforts could be paying off.

The company repo♒rted a 6.5% year-over-year decline in sales in the China region, though Cook said around 3% was currency-related.

Cook said iPhone 15 sales since the device's launch were outperforming what the company recorded for the iPhone 14 in the greater China region, offering what could be a positive indicator ahead of the upcoming iPhone 16.

Apple shares were little changed in extended trading Thursday following the company's earnings call. They've gained over 13% since the start of the year through Thursday's close.