Apple once the most important company in the world, worthwhile$ 3.62T

Apple, Aramco, Exxon Mobil, and Microsoft have all been winners at various points. Apple, Aramco and Microsoft have all won at various points.
Apple’s stock rose 2.5% on Monday to a new record high after Morgan Stanley raised their price target for the iPhone maker’s share and designated the stock a “top-pick,” citing the company’s AI efforts as an increase in device sales […]
Apple’s shares have risen nearly 20% in value this year to $236.30. This gives the company the highest market valuation in the world at $3.62 trillion.
Morgan Stanley analysts stated that “Apple Intelligence will boost iPhone and iPad sales”.
Key here is that the iPhone 15 Pro and Pro Max are the only two existing iPhone models which will support the full range of Apple Intelligence features, which is likely to drive a supercycle of sales for this year’s iPhone 16 line-up.Additionally, the requirement for an Apple Silicon chip for AI on Macs will likely spur many Intel holdouts to upgrade to an M-powered Mac.Photo by Dmytro Glazunov on UnsplashFTC: We use income earning auto affiliate links. You’re reading 9to5Mac, experts who report on Apple and its ecosystem every day. Check out our homepage to get the latest news and follow 9to5Mac via Twitter, Facebook and LinkedIn to keep up with the latest. You don’t know where you should start? Subscribe to our YouTube channel for exclusive stories, reviews and how-tos.