Get the latest tech news
Apple Set to Become First $4 Trillion Company
Apple is on the brink of becoming the first company in history to surpass a $4 trillion market valuation, Fortune reports. Apple's stock...
He emphasized that Apple's current AI strategy is likely underestimated by the market, adding that the development of hundreds of applications under the Apple Intelligence platform will provide "another growth catalyst along with catalyzing iPhone upgrades across the board over the next 12 to 18 months." We estimate that with hundreds of apps in development around Apple Intelligence that in essence creates a new multi-billion annual Services revenue stream will be another growth catalyst along with catalyzing iPhone upgrades across the board over the next 12 to 18 months. JPMorgan analyst Samik Chatterjee also predicts sustained growth for Apple, driven by its ability to expand its installed base of devices, which surpassed two billion active units globally in 2023.
Or read this on Mac Rumors
