Reported 1 day ago
Apple is nearing a $4 trillion market valuation, driven by investor enthusiasm for its anticipated AI advancements which aim to boost iPhone sales. Following a significant share price increase since November, the company overtook Nvidia and Microsoft in this valuation race. Despite a modest revenue growth forecast for the upcoming fiscal quarter, analysts project a rebound in iPhone sales by 2025 as Apple integrates AI features into its products. Apple's stock performance and strategic developments reinforce its status as a leader in the tech industry.
Source: YAHOO