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Apple CEO Tim Cook Earned $74.3 Million in 2025

Apple CEO Tim Cook earned $74.3 million in 2025, down slightly from $74.6 million in 2024, Apple said in its annual proxy filing released today.


Cook's earnings included a $3 million base salary that has remained the same since 2016, $57.5 million in stock awards, $12 million in performance-based cash awards, and $1.76 million in other compensation, such as 401(k) contributions, life insurance premiums, vacation cash-out, security expenses, and personal air travel expenses. For efficiency and security purposes, Cook is required by Apple to use private aircraft for both business and personal travel.

Apple set a target compensation of $59 million for Cook, the same as in 2024, but Cook earned above that level through the incentive payouts that executives receive when Apple performs well.

Other key senior Apple executives, including outgoing general counsel Kate Adams, chief operating officer Sabih Khan, and retail and people chief Deirdre O'Brien each earned total compensation packages of around $27 million in 2025. Apple saw a chief financial officer transition in 2025, with former CFO Luca Maestri earning $15.5 million in 2025 and new CFO Kevan Parekh earning $22.5 million.
This article, "Apple CEO Tim Cook Earned $74.3 Million in 2025" first appeared on MacRumors.com

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Apple's Annual Shareholders Meeting Will Take Place on February 24

Apple's 2026 shareholders meeting will be held on Tuesday, February 24, at 8:00 a.m. Pacific Time, according to an SEC filing that was released today.


Apple shareholders of record as of January 2, 2026, can attend, vote, and submit questions during the meeting by logging in to Apple's virtual meeting website 15 minutes before it kicks off. A control number included in the Notice of Internet Availability of Proxy Materials that's provided to shareholders is required to join.

At the meeting, shareholders will vote to re-elect the company's board of directors, approve executive compensation, and ratify Ernst & Young LLP as Apple's public accounting firm. There will also be votes on shareholder proposals.

Notably, both board chairman Art Levinson (age 75) and board member Ron Sugar (age 77) are up for re-election, despite a company guideline stating that directors may generally not stand for re-election once they have reached the age of 75. Apple provided the following justification in its proxy statement:
Over the past four years, the Board has added three new members, representing over one-third of its membership, and two other, long-serving members retired. In the context of this year’s Annual Meeting nominations, the Board determined that it would be in the best interests of Apple and its shareholders to ask Art Levinson, the Chair of the Board, and Ron Sugar, the Chair of the Audit Committee, to stand for re-election, and to waive for each of them its guideline under which directors generally may not stand for re-election after attaining age 75. In making this determination, the Board considered several factors, including the significant experience and expertise that each of Dr. Levinson and Dr. Sugar brings to the Board, their deep insight into the Company’s business and operations, and their individual contributions as highly engaged members of the Board. The Board also considered the benefits of continuity among the Board’s leadership positions.
Levinson's re-nomination as chairman is notable due to recent speculation around Tim Cook's potential retirement as Apple CEO, a move that would likely see him shift into the board chairman position. It is possible that Levinson's continuation in the role beyond age 75 is intended to also serve as bridge to such time that Cook is ready to assume the chairman role, rather than selecting a new chairman for only a relatively brief time until Cook steps down as CEO.
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Apple Again Tests Background Security Updates in iOS 26.3 and macOS Tahoe 26.3

Apple is once again testing its new Background Security Improvement feature that first rolled out in iOS 26.1, iPadOS 26.1, and macOS Tahoe 26.1. Following a previous test earlier this week, developers and public beta testers who are running iOS 26.3, iPadOS 26.3, or ‌macOS Tahoe‌ 26.3 can now install a second Background Security Improvement update for testing purposes.


Apple says Background Security Improvements provide additional security protections between software updates for Safari, WebKit, and other system libraries.

Background Security Improvements can be installed by going to the Privacy and Security section of the Settings app, scrolling down to Background Security Improvements, and selecting the "Install" option. If "Automatically Install" is toggled on, Background Security Improvements will be automatically installed when they come out with no need to manually install them.

Apple says that users who opt not to install the Background Security Improvements will receive the updates in a standard software update.

Apple previously had a Rapid Security Response update feature for delivering security improvements, but it wasn't used often after it was introduced in iOS 16, and was ultimately phased out in favor of Background Security Improvements. At one point in 2023, there was a Rapid Security Response bug that prevented some websites from displaying properly.

Apple warns that Background Security Updates can result in "rare instances of compatibility issues." Should that occur, the updates may be temporarily removed and enhanced in a subsequent software update.
This article, "Apple Again Tests Background Security Updates in iOS 26.3 and macOS Tahoe 26.3" first appeared on MacRumors.com

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CES 2026: Productivity Gear, Wireless TVs, and More

CES 2026 runs through tomorrow, but most of the media announcements and events have already taken place and MacRumors videographer Dan Barbera is wrapping things up with our third video highlighting some of the neat tech innovations being demoed on the show floor.


Among the new introductions this week are several from Clicks, the company that previously brought the BlackBerry-like physical Clicks Keyboard to the iPhone. ‌CES 2026‌ is seeing the debut of the Clicks Power Keyboard, a pocket-sized Bluetooth keyboard for all of your devices that includes a 2,150 mAh battery and 5W Qi functionality to allow you to top off your phone if you're running low. There's also the Clicks Communicator, a communication-focused smartphone intended to be carried alongside your main phone.

Wireless TVs are also starting to become a thing, with Displace showing off its latest Displace Pro 2 set and the Displace Hub that can transform your existing TV into a wireless TV with integrated battery.

Popular Apple accessory company OWC has partnered with Strada to showcase a new remote video editing solution that leverages peer-to-peer technology rather than cloud-based storage, while Intricuit is on site to demo its accessory that turns your MacBook into a touchscreen Mac, so you don't need to wait for Apple to launch its rumored touchscreen MacBook Pro later this year or next year.

Dan also checked out Rokid's AI glasses, TDM's headphones that twist into a portable speaker, Antic's electric mini bike, Watchitude's AirTag-compatible watches for kids, and more, so watch the full video for a look at all of these products.

‌CES 2026‌ may be coming to a close, but be sure to check out our news hub where we've collected all of our coverage from the week.
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John Ternus Again Profiled as Apple's Likely Next CEO

With Tim Cook having recently turned 65 years old and a number of other senior Apple executives having already departed in recent months or heading for the exits, there has been significant focus on Apple's plans for who will succeed Cook as CEO.


Several recent reports have identified Apple's senior vice president of hardware engineering, John Ternus, as likely to be named the next Apple CEO, and The New York Times has now shared a profile of Ternus with some context on his expertise and how he is viewed within the company.

According to sources who spoke to The New York Times, Apple began accelerating its planning for ‌Tim Cook‌'s succession last year, with Cook having expressed a desire to reduce his workload.

While software chief Craig Federighi, services chief Eddy Cue, marketing head Greg Joswiak, and retail/HR chief Deirdre O'Brien have all reportedly been seen as potential candidates, Ternus "appears to have shot to the front of the pack," with Cook likely to remain as chairman of the company's board of directors.

Ternus is known for his expertise as an engineer, having worked on many of Apple's devices although he is "known more for maintaining products than developing new ones." Ternus also has only limited exposure to dealing with political and policy issues that come with CEO role.
"He's a nice guy," [former Apple engineer Cameron] Rogers said. "He's someone you want to hang out with. Everyone loves him because he's great. Has he made any hard decisions? No. Are there hard problems he's solved in hardware? No."
Ternus and others may quibble with that assessment, however, as Ternus has been involved with a number of innovative products over the years, including spearheading the effort to develop the iPhone Air and working on the upcoming foldable iPhone.

Ternus is seen as a natural successor to Cook, with an even temperament, strong attention to detail, and intimate knowledge of Apple's supply chain. But he may not bring the visionary focus and willingness to take risks that Steve Jobs had, leading to debate among Apple employees about exactly what type of leader is needed.

For more on Ternus and his work rising through the ranks at Apple, check out the full profile at The New York Times.
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Apple's Back to School Offer With Free Accessories Returns in Four Countries

Apple's annual "Back to School" or "Back to Uni" promotion has returned this week in Australia, New Zealand, Brazil, and South Korea.


From January 6 through March 11, qualifying higher-education students and staff in these countries can receive a free or discounted accessory with the purchase of select Mac and iPad models, similar to previous promotions that launched in the United States and a number of other countries last June and July.

For each device type, there is at least one accessory option available at no additional charge, with more expensive accessories available at reduced upgrade prices.

For example, in Australia, qualified customers who purchase an iPad Air or iPad Pro can receive a free Apple Pencil Pro (A$199 value) or standard AirPods 4 (A$219 value). Customers can upgrade to ‌AirPods 4‌ with Active Noise Cancellation after paying an additional A$80 fee or a Magic Keyboard for an additional A$210–A$350 fee depending on model.

iMac buyers can receive either ‌AirPods 4‌ with Active Noise Cancellation (A$299 value) at no additional charge or AirPods Pro 3 for an additional A$130 upgrade fee. MacBook Air and MacBook Pro buyers can receive free ‌AirPods 4‌ with Active Noise Cancellation, a Magic Mouse, a Magic Trackpad, or a Magic Keyboard with Touch ID and Numeric Keypad, or they can upgrade to ‌AirPods Pro 3‌ for an additional A$130.

In each country, the offer is available on Apple's online store, in the Apple Store app, and in person at Apple's retail stores where available. The offer can be combined with Apple's educational discounts on products, and AppleCare+ plans are up to 10% off for students.
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Apple Card Will Move From Goldman Sachs to JPMorgan Chase

JPMorgan Chase has reached a deal to take over operation of the Apple Card, reports The Wall Street Journal. Barring any "last minute hiccups," the deal should be announced shortly after over a year of negotiations.


Reports began circulating over two years ago that current Apple Card issuer Goldman Sachs was looking to end its partnership with Apple as part of an effort to scale back on consumer banking products amid steep losses.

According to The Wall Street Journal, Goldman Sachs is unloading its roughly $20 billion of outstanding Apple Card balances at a discount of more than $1 billion, a rare move for co-branded account deals like this. But higher-than-average delinquency rates and high exposure to subprime borrowers made it more difficult for Goldman Sachs to find a buyer.

JPMorgan Chase's interest in taking over as Apple Card issuer was reported over a year ago, and by this past summer Chase appeared to be the front-runner.

Alongside its new Apple Card partnership, JPMorgan Chase will reportedly launch a new Apple savings account, but existing users with Apple savings accounts at Goldman Sachs will not be automatically transitioned and will need to decide whether they want to stay at Goldman Sachs or open new accounts with Chase.

Update 2:27 pm: Apple has officially announced the change to Chase, with the transition expected to occur in approximately 24 months. Apple Card will remain on the Mastercard network following the shift.
"We're incredibly proud of how Apple Card has transformed the credit card experience for customers by delivering innovative tools that empower users to make healthier financial decisions," said Jennifer Bailey, Apple's vice president of Apple Pay and Apple Wallet. "Chase shares our commitment to innovation and delivering products and services that enhance consumers' lives. We look forward to working together to continue to provide a best-in-class experience and exceptional customer service with Apple Card."
Apple has also posted an FAQ about the transition.
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OpenAI Launches ChatGPT Health With Apple Health Integration

OpenAI today announced the launch of ChatGPT Health, a dedicated section of ChatGPT where users can ask health-related questions completely separated from their main ChatGPT experience.


For more personalized responses, users can connect various health data services such as Apple Health, Function, MyFitnessPal, Weight Watchers, AllTrails, Instacart, and Peloton. Last month, MacRumors discovered icons related to Apple Health within the ChatGPT app, and today's announcement makes the integration official. Once connected, ChatGPT will be able to access your health and fitness data from Apple Health, including movement, sleep, and activity patterns.

ChatGPT Health can also integrate with your medical records, allowing ChatGPT Health to analyze your lab results and other aspects of your medical history to inform its answers to your health-related questions. OpenAI emphasizes that ChatGPT Health is not intended to provide diagnoses or treatment and is not a substitute for consulting with medical professionals, but it can be used to help understand results or prepare for upcoming appointments.

Privacy and security are always major concerns when it comes to health records, and OpenAI says ChatGPT Health has been developed with multiple layers of encryption and operates as a separate space with enhanced privacy. Data from ChatGPT Health is not used to train ChatGPT's foundation models by default, and users who start health-related conversations in the general ChatGPT interface will receive suggestions to move the discussions to the Health section.

ChatGPT Health is launching with a waitlist to join a group of beta users, with users on ChatGPT Free, Go, Plus, and Pro plans outside of the European Economic Area, Switzerland, and the United Kingdom eligible to start. Medical record integrations and some apps are only available in the United States at the current time. Access to ChatGPT Health will expand to all users on web and iOS in the coming weeks.
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Apple Says Final Intel MacBook Air and Apple Watch Series 5 Now 'Vintage'

Apple today added the final 13-inch MacBook Air powered by Intel processors, the Apple Watch Series 5, and additional products to its vintage products list. The iPhone 11 Pro was also added to the list after the iPhone 11 Pro Max was added back in September.


The full list of products added to Apple's vintage and obsolete list today:

  • MacBook Air (Retina, 13-inch, 2020)

  • iPhone 8 Plus 128GB - other capacities were already vintage

  • iPhone 11 Pro

  • iPad Air 3, Wi-Fi + Cellular - Wi-Fi-only models not yet vintage

  • Apple Watch Series 5, Aluminum, 40mm

  • Apple Watch Series 5, Aluminum, 44mm

  • Apple Watch Series 5, Ceramic, 40mm

  • Apple Watch Series 5, Ceramic, 44mm

  • Apple Watch Series 5 Hermes, 40mm

  • Apple Watch Series 5 Hermes, 44mm

  • Apple Watch Series 5 Nike, 40mm

  • Apple Watch Series 5 Nike, 44mm

  • Apple Watch Series 5, Stainless Steel, 40mm

  • Apple Watch Series 5, Stainless Steel, 44mm

  • Apple Watch Series 5, Titanium, 40mm

  • Apple Watch Series 5, Titanium, 44mm


The final Intel MacBook Air was introduced in March 2020 and featured a 1.1GHz dual-core Intel Core i3, 1.1GHz quad-core Intel Core i5, or 1.2GHz quad-core Intel Core i7 processor, depending on configuration. It only remained on the market for eight months before it was discontinued when Apple debuted the M1 MacBook Air in November of that year as part of its initial Apple silicon launch.

Apple considers a device to be vintage after more than five years have passed since the company stopped distributing it for sale. Apple and Apple Authorized Service Providers may offer repairs for vintage devices, but only if parts remain available.

In addition to the newly vintage products, Apple today shifted the special-edition Beats Solo3 Wireless headphones released in 2018 to celebrate the 90th anniversary of Mickey Mouse from the vintage list to the obsolete list.

Apple considers a device to be obsolete once more that seven years have passed since it was offered for sale, and hardware service is generally unavailable for those devices. Mac laptops are, however, eligible for an extended battery-only repair period of up to 10 years from the date of discontinuation, subject to parts availability.
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Apple Stops Signing iOS 26.2 Beta 1 for iPhone Air, iPhone 16e, and Cellular M5 iPad Pro

A day after seeding the first developer betas of iOS 26.2 and iPadOS 26.2, Apple has stopped signing it for the iPhone Air, iPhone 16e, and cellular models of the new M5 iPad Pro, preventing those devices from installing the update.


The exact reason for the change is unknown, but all three devices use either the C1 or C1X modem, Apple's new custom cellular chips, so it's possible Apple has identified a specific bug related to iOS 26.2 and iPadOS 26.2 with that chip and is preventing users who have yet to update from being affected by it.

The updates will continue to show for users on those devices enrolled in the iOS 26 and iPadOS 26 developer beta programs, but the updates will now fail to install.

It's unknown how long it will take for Apple to address whatever issue it has discovered, at which time we should see revised developer betas for these C1 and C1X devices.

Update 4:50 pm: Creative Strategies analyst Max Weinbach notes that his ‌iPad Pro‌ experienced an issue with the update that forced his device into recovery mode, where he was able to restore it to iPadOS 26.1.

Update 6:30 pm: Apple has now fully pulled the updates for the affected devices, so iOS 26.2 and iPadOS 26.2 beta 1 won't even show as available on these devices.
Related Roundups: iOS 26, iPadOS 26
Related Forum: iOS 26

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Best Buy Takes $50 Off M5 iPad Pro for Members, Plus Trade-In Offers

Alongside trade-in deals on the new M5 MacBook Pro, Best Buy is offering trade-in deals toward the new M5 iPad Pro, with My Best Buy Plus and My Best Buy Total members receiving an extra 10% in trade-in value. Members also receive a straight $50 discount on iPad Pro pre-orders.

Note: MacRumors is an affiliate partner with Best Buy. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.

Best Buy advertises a starting price for the M5 iPad Pro of $499 with trade-in of an M4 Wi-Fi model with 512GB of storage, but between member trade-in bonuses and cash discounts, you can likely bring the out-of-pocket cost down even more, so be sure to check trade-in offers and your final cart price.



A My Best Buy Plus membership is priced at $49.99 per year, so the $50 discount on the iPad Pro pays for a year's membership by itself, and any discounts on other products and additional membership benefits like free 2-day shipping and extended return windows become essentially free bonuses.

My Best Buy Total is a higher-tier plan priced at $179.99 per year, but it includes benefits like up to two years of protection such as AppleCare+ on purchases, discounted repairs, and premium Geek Squad support.

If you're on the hunt for more discounts, be sure to visit our Apple Deals roundup where we recap the best Apple-related bargains of the past week.



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Related Roundup: Apple Deals

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Best Buy Offering Trade-In Deals Toward New M5 MacBook Pro

While we have unsurprisingly yet to see any straight discounts on the just-announced M5 MacBook Pro, Best Buy is seeking to entice upgraders with some trade-in offers toward the new models.

Note: MacRumors is an affiliate partner with Best Buy. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.

Best Buy is currently offering up to $800 in trade-in value for a base M4 MacBook Pro, with higher-spec machines qualifying for even more. Base M3 MacBook Pro models qualify for up to $600 in trade-in credit, while base M2 models qualify for up to $490 and base M1 models qualify for up to $300. My Best Buy Plus and My Best Buy Total members are also eligible for an extra 10% on their trade-in value.



The new M5 MacBook Pro starts at $1,599, with higher-spec stock configurations available at $1,799 and $1,999 price points. Pre-orders are available now ahead of a launch next Wednesday, October 22.

Apple also offers its own trade-in program for Macs and other devices, so it's worth comparing trade-in values to determine what the best option is for you. Private sales can also frequently yield higher values for a given model, though that can come with more hassle and less security than a retail trade-in partner like Best Buy or Apple, so you need to weigh priorities when deciding how to upgrade.

If you're on the hunt for more discounts, be sure to visit our Apple Deals roundup where we recap the best Apple-related bargains of the past week.



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Here's When iOS 26 Rolls Out Today in Every Time Zone

Today's the day. Apple is about to release iOS 26, which will deliver the biggest redesign since iOS 7 and bring a range of new features and improvements to iPhones worldwide. It's Apple's biggest software update of the year, and Apple announced at last week's iPhone event that it will be releasing iOS 26 sometime today – Monday, September 15.


Based on past releases, the update is likely to drop at around 10:00 a.m. Pacific Time/1:00 p.m. Eastern Time. Apple's own websites for countries around the world also suggest a 10:00 a.m. Pacific Time release, with Apple's site for India listing a September 15 launch while the company's Indonesian page lists a September 16 release, pointing to a narrow window around 10:00 a.m. Pacific to line up with time zone differences.

To give iPhone users globally an idea of when iOS 26 should become available as an over-the-air update, we've compiled the below list of time zone conversions for several countries. This list isn't exhaustive, so please verify the exact time for your specific location, and bear in mind that there could always be a delay as Apple prepares its servers for rollout.


  • Australia West - 1:00 a.m. AWST (Tues)

  • Australia East - 3:00 a.m. AEST (Tues)

  • Austria - 7:00 p.m. CEST

  • Belgium - 7:00 p.m. CEST

  • Brazil East - 2:00 p.m. BRT

  • Canada West - 10:00 a.m. PDT

  • Canada East - 1:00 p.m. EDT

  • China - 1:00 a.m. CST (Tues)

  • Denmark - 7:00 p.m. CEST

  • Finland - 8:00 p.m. EEST

  • France - 7:00 p.m. CEST

  • Germany - 7:00 p.m. CEST

  • Guernsey - 6:00 p.m. BST

  • Hong Kong - 1:00 a.m. HKT (Tues)

  • India - 10:30 p.m. IST

  • Indonesia West - midnight WIB (Tues)

  • Ireland - 6:00 p.m. IST

  • Isle of Man - 6:00 p.m. BST

  • Italy - 7:00 p.m. CEST

  • Japan - 2:00 a.m. JST (Tues)

  • Jersey - 6:00 p.m. BST






  • Luxembourg - 7:00 p.m. CEST

  • Netherlands - 7:00 p.m. CEST

  • New Zealand - 5:00 a.m. NZST (Tues)

  • Norway - 7:00 p.m. CEST

  • Portugal - 6:00 p.m. WEST

  • Puerto Rico - 1:00 p.m. AST

  • Saudi Arabia - 8:00 p.m. AST

  • Singapore - 1:00 a.m. SGT (Tues)

  • South Korea - 2:00 a.m. KST (Tues)

  • Spain - 7:00 p.m. CEST

  • Sweden - 7:00 p.m. CEST

  • Switzerland - 7:00 p.m. CEST

  • Taiwan - 1:00 a.m. CST (Tues)

  • UAE - 9:00 p.m. GST

  • United Kingdom - 6:00 p.m. BST

  • United States West - 10:00 a.m. PDT

  • United States Mountain - 11:00 a.m. MDT

  • United States Central - noon CDT

  • United States East - 1:00 p.m. EDT

  • US Virgin Islands - 1:00 p.m. AST



Be Prepared to Wait


When iOS 26 and iPadOS 26 become available as an over-the-air update, make sure your device is fully charged before you start the process over Wi-Fi, as it may take some time to complete. To check that the update is available, go to Settings ➝ General ➝ Software Update, and wait a moment for your device to contact Apple's servers. If you're in no rush, you can wait for iOS 26 to be delivered to your iPhone when you next plug it into your computer.

On that note, a word of caution: During the initial rollout of major software updates like iOS 26, Apple users may experience slower download speeds and sluggish performance when trying to update their devices. This is largely due to the high demand on Apple's servers, as millions of users worldwide attempt to download the update simultaneously.

The surge in traffic can overwhelm network capacity, leading to delays in downloading or installing the update. To avoid these potential issues, you may want to wait a day or two before installing the update, allowing server congestion to subside and ensuring a smoother upgrade experience.
Related Roundups: iOS 26, iPadOS 26
Related Forum: iOS 26

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Rivian Activates Apple Car Key Support in Second-Generation Vehicles [Update: Coming Soon]

EV manufacturer Rivian appears to finally be rolling out support for Apple's digital car keys available through the Wallet app on iPhone and Apple Watch. Rivian announced support for the feature in debuting its second-generation R1S and R1T over a year ago, but the company had not activated it until today, as spotted in an Apple configuration file by MacRumors contributor Aaron Perris.


While we can't confirm whether it's up and running for all users just yet, Apple has pushed support live on its end, so owners of supported Rivian vehicles should hopefully be seeing it soon.

Apple's car key feature allows an ‌iPhone‌ or Apple Watch with NFC capabilities to unlock a vehicle through the Wallet app. A digital version of a car key is stored in Wallet, and unlocking can be done simply by holding an Apple Watch or ‌‌iPhone‌‌ near a compatible vehicle's NFC reader. And with Ultra Wideband technology, compatible vehicles can even recognize a digital car key with your phone still in your pocket.

Rivian has supported its own digital key feature through the Rivian app, but Apple Wallet support will offer more seamless integration for ‌iPhone‌ users, presumably including features like key sharing and Express Mode to allow the key to function for several hours even after your device has run out of battery and shut down.

Rivian still has not shown any interest in adding support for CarPlay in its vehicles, with CEO RJ Scaringe saying last year that handing over functions to ‌CarPlay‌ would be at odds with Rivian's desire to offer a seamlessly integrated experience in its vehicles.

While ‌CarPlay‌ still doesn't appear to be in the cards for Rivian vehicles, today's rollout of Apple car keys joins integrated Apple Music with Spatial Audio support as Apple features adopted by the brand.

Update August 29 4:35 a.m.: Rivian tells MacRumors that while the feature has been pushed live on Apple's side, it hasn't yet launched on Rivian's side. It is, however, coming soon.
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