Apple on its way to a record: the company's market value is approaching $4 trillion
Apple is rewriting history again. The corporation has reached the $3.85 trillion mark of market capitalization and is preparing to break a new record. This growth is due to investors' optimism about the company's steps in the field of artificial intelligence (AI), which can breathe new life into the slowed iPhone sales.
Since November, Apple shares have risen 16%, adding $500 billion to the company's market value. This allowed Apple to overtake such giants as Nvidia and Microsoft. Maxim Group analyst Tom Fort noted that the development of AI opens up the prospect of a new "super cycle" of iPhone updates, which fuels interest in the company's shares.
At the same time