# OpenAI Slows AI Device Timeline, Apple Investors Relieved

> OpenAI's court update delays its consumer device launch, easing Apple's near-term competitive fears
- Title: OpenAI Slows AI Device Timeline, Apple Investors Relieved
- Summary: OpenAI's court update delays its consumer device launch, easing Apple's near-term competitive fears Apple's iPhone revenue and services growth remain strong…
- Keywords: apple, openai, sam altman, jony ive, ios, nfl, seahawks, seattle, business, finance, Slows, Device
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/apple-investors-breathe-sigh-relief-135647337.html
- Published: 2026-09-16T13:56:47+00:00
- Read time: 1 min
- Topics: apple, openai, sam altman, jony ive, ios, nfl, seahawks, seattle, business, finance
## OpenAI delays consumer device
OpenAI lawyers told a judge the Altman-Ive device is not coming anytime soon, removing Apple's immediate competitive threat

> The Altman-Ive consumer device is not coming anytime soon
## Apple's iPhone revenue jumps
June-quarter iPhone revenue surged 22% to $54.3 billion with active install base hitting 2.5 billion devices
## Services revenue soars
Services revenue reached $30.7 billion with paid subscriptions surpassing 1.5 billion users
## Apple's stock climbs
AAPL shares trade near $333, up 43% over the past year with a $4.82 trillion market cap
## Court date approaches
Next court date is October 14 after judge refused Apple's demand for immediate access to OpenAI's product schematics
## Key takeaway

Apple's iPhone revenue and services growth remain strong despite OpenAI's hardware timeline shift