The terminology here is a bit fuzzy. In general the two attempt to achieve similar results.
In general, a callback is a function (or delegate) that you register with the API to be called at the appropriate time in the flow of processing (e.g to notify you that the processing is at a certain stage)
A hook traditionally means something a bit more general that serves the purpose of modifying calls to the API (e.g. modify the passed parameters, monitor the called functions). In this meaning it is usually much lower level than what can be achieved by higher-level languages like Java.
In the context of iOS, the word hook means the exact same thing as callback above