Reported 8 months ago
Apple's stock reached an all-time high following the unveiling of Apple Intelligence, an expansion into the artificial intelligence market. The update includes AI-powered tools to enhance customer experience, but analysts remain divided over its impact on Apple's stock. Despite challenges in iPhone and Mac sales, Apple's services business continues to grow, making it an attractive long-term investment. While some view Apple as overvalued, its strong balance sheet and potential for growth in subscription-based services suggest it may still be a good buy-and-hold stock option.
Source: YAHOO