After the AI-focused presentation at the WWDC 2024 event, Apple’s shares initially saw a minor drop but this situation was short-lived. Shortly after the presentation, the company’s shares increased by about 4 percent and Apple’s market value reached 3.3 trillion dollars, making it the world’s most valuable company.
Apple Surpasses Microsoft and NVIDIA to Become the Most Valuable Company
Surpassing competitors like Microsoft and NVIDIA, Apple has created potential for increased iPhone sales with innovations in the field of artificial intelligence, capturing the interest of investors. Despite NVIDIA showing a 144% increase, Apple’s strategic moves have solidified its position in the market. This regeneration is seen as an important step that reinforces Apple’s leadership in the global technology market. Experts believe that Apple’s innovations in artificial intelligence could sustain its market leadership in the long term.