:Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although the company's market value remained short of an all-time peak of $3 trillion.Apple is expected to launch a mixed-reality headset at its Worldwide Developers Conference (WWD
:Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although the company's market value remained short of an all-time peak of $3 trillion.
Shares of the world's most valuable listed company were last up 1.8 per cent at $184.15. They have jumped nearly 40 per cent in 2023, compared with an 11.5 per cent rise in the benchmark S&P 500. While it is still early days, augmented reality/virtual reality could be the next main platform for Apple's growth, Morgan Stanley analyst Erik Woodring wrote in a note.
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