Apple has reached a historic milestone, becoming the third Big Tech company to cross $4 trillion in market value, driven by strong demand for its latest iPhone lineup. The company’s shares were last up 0.2 per cent at $269.2 in early trading on Tuesday, marking a record high, reported news agency Reuters. Apple’s stock has surged nearly 13 per cent since the launch of the iPhone 17 series and iPhone Air on September 9, reversing earlier losses and pushing the stock into positive territory for the first time this year. Analysts said the robust demand for the new devices, especially in key markets such as the US and China, helped offset concerns about the company’s slower progress in artificial intelligence. “The iPhone accounts for over half of Apple’s profit and revenue, and the m
Apple hits record! Becomes third tech giant to cross $4 trillion valuation; joins Microsoft, Nvidia's elite club
The Times of India15 hrs ago
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