Apple's Market Value Soars to Over $3 Trillion with Record-Breaking Share Performance
Stocks surge following the introduction of Vision pro headset
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On Friday, Apple, the US-based global tech firm, achieved a significant milestone as its market value crossed the $3 trillion mark. This remarkable achievement was driven by the company's shares reaching an all-time high level.
At 9:55 am EDT, Apple's stock price peaked at $192. 60 per share, representing a gain of nearly 1. 6% compared to the previous day's closing price of $189. 59 per share.
Simultaneously, the company's market capitalization reached an unprecedented high of $3. 03 trillion.
This extraordinary accomplishment comes despite Apple facing a decline in total sales for the second consecutive quarter, according to its latest financial results released last month.
Apple recently announced a 2. 6% decrease in net sales, amounting to $94. 8 billion for the three-month period ending April 1. This figure is lower than the nearly $97. 3 billion achieved during the same period last year.
However, despite this decline, Apple's shares have experienced a positive trend in recent weeks. The introduction of their new Vision Pro headset on June 5 has contributed to this upward trajectory. Described as a "spatial computing" and "mixed reality headset," the Vision Pro enables seamless integration of digital content with users' physical surroundings.
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