Apple has reclaimed its position as the world’s most valuable company, reaching a market value of $3.62 trillion after a 2.5% stock jump. This surge followed Morgan Stanley’s endorsement of Apple as a “top pick” due to its AI initiatives, which are expected to boost device sales. The iPhone 15 Pro and Pro Max are highlighted for supporting the full range of Apple Intelligence features, anticipated to drive strong sales for the upcoming iPhone 16. Moreover, the shift to Apple Silicon chips for AI on Macs is expected to prompt upgrades from Intel-powered Macs.
Read more – https://9to5mac.com/2024/07/16/apple-most-valuable-company/
