Apple CEO Cook: Immigration Advocacy, AI Push, Succession Plan (AAPL)

Apple CEO Tim Cook addressed staff on Feb 5, 2026, emphasizing deep concern over U.S. immigration policy and reaffirming advocacy for visa and DACA protections, stating the company relies on global talent. He acknowledged private criticism of his earlier memo and pledged personal advocacy for affected employees. Cook updated on AI, stating new devices will leverage the technology and Apple is well-positioned to offer meaningful AI experiences. He outlined leadership succession, noting planned retirements of the COO, environmental affairs head and general counsel over coming months, and emphasized ongoing succession planning. The CEO also highlighted preparations for Apple’s 50th-anniversary celebration in April, progress in India and Malaysia, and the company’s proactive approach to memory-chip shortages with multiple mitigation options.