The company’s shares are up 16% since November 2024, adding $500 billion to its market capitalization.
Apple has reached a capitalization of $3.85 trillion and is approaching the $4 trillion mark thanks to the introduction of AI functions. They help improve sales of the new iPhones, Reuters reports.
Apple’s shares have risen 16% since November 2024, adding $500 billion to its market capitalization, allowing the company to surpass NVIDIA and Microsoft, which have been vigorously competing for the top spot all year. This success is explained by the high interest of investors in the implementation of AI functions.
The company recently released iOS 18.2, which added the Image Playground app to the iPhone, ChatGPT integration with Siri, and improved some existing AI features.
iPhone revenue is expected to grow next year, according to LSEG. Morgan Stanley analysts predict that the demand for Apple smartphones will increase in 2025 due to the introduction and distribution of AI functions in other countries.
The company’s shares are considered one of the best investment options in 2025.
We remind you that Indonesia blocked the sale of new smartphones from Apple Inc. The reason is that the American company did not meet the requirements for investment in the country.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.