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In recent years we have become accustomed to technology companies being the most valuable companies in the world. Of these companies, Apple has long had the highest market
In recent years we have become accustomed to technology companies being the most valuable companies in the world. Of these companies, Apple has long had the highest market value. Shares of the Cupertino tech giant rose 2.7 percent on Tuesday. from $237.49 started trading.
Apple’s previous record was per share $234.82 had happened. The market value of Apple, which improved its record on July 16, that is to $3.61 trillion and the company became the most valuable company of all time among stocks traded on the stock exchange.
On the other hand Apple There is no clear reason to which the increase in the value of its shares can be directly attributed. While NVIDIA, Microsoft, Amazon and Meta shares lost value, Alphabet shares rose just 0.1 percent. from iPhone 16 Positive performance expectations may have supported this increase. Apple also introduced the iPad mini tablet yesterday, which it updated after a long time.
Apple will have a busy rest of this month. on October 28 Apple Intelligence will be available. on October 31 The company’s third-quarter results will be announced after the stock market closes. Experts expect Apple’s financial performance to improve as a result of its moves into artificial intelligence. The company’s third quarter revenue is expected to be $94 billion and net income is expected to be $24 billion.
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Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
