Apple's AI-hesitancy

Apple's AI-hesitancy

From ABC Business Daily by ABC Australia

April 27, 2026 · 24 min

About this episode

The episode discusses Apple's cautious approach to AI investments and the economic implications of increasing fuel reserves in Australia amid an energy crisis.

Under outgoing CEO Tim cook’s 14-year tenure, tech titan Apple skyrocketed from the billions to the trillions of dollars in value. But unlike its competitors, Apple has been relatively restrained in AI investments. Is that about to change? And the Opposition is calling on the government to double minimum fuel reserves held in Australia as it unveils a proposed fuel plan in light of the ongoing energy crisis. So what are the economics behind storing more fuel? Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

People in this episode

Host: Carrington Clarke

Guest: Ian Verrender

Topics covered

  • AI investments
  • Apple
  • energy crisis
  • fuel reserves
  • business economics

Keywords

  • Apple
  • AI
  • energy crisis
  • fuel reserves
  • business economics
  • Tim Cook

Mentioned in this episode

Organizations: Apple, ABC Australia

Places: Australia

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