Apple's iPhone 17 was a big seller over the holiday period, with sales jumping by nearly a quarter for the tech giant. Cook said it was a record sales quarter for North America and in China, where it has lost market share to local competitors in recent years. When it comes to AI spending, Cook said Apple is "open to acquisitions" and not married to a certain size company. GET FOX BUSINESS ON THE GO BY CLICKING HERECook also confirmed that the Apple AI assistant, Siri, will be powered by Google's Gemini and will launch later this year. When asked if he is choosing Google over OpenAI in the AI race, Cook said he "sees it differently" and views it as more of a "collaboration" that will be the "foundation of our future models."