Apple is now worth $3 trillion | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Apple is now worth $3 trillion

Shares rose 1% Friday to hit a record $191.34. With 15.7 billion shares outstanding, that stock price pushed Apple to its historic market value. Apple has been here once before: On January 3, 2022, Apple hit the $3 trillion mark during intraday trading, but it failed to close there. If Apple closes above the $3 trillion mark, it will become the only company ever to achieve that feat.

The Vision Pro, which will go on sale next year, impressed tech journalists who got an early preview of the augmented reality device. But it is entering a nascent market with little mainstream consumer adoption. Apple plans to charge a hefty $3,499 for its headset, which currently has limited apps and experiences, and requires users to stay tethered to a battery pack the size of an iPhone.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inflation in Europe falls again in June | CNN BusinessInflation in Europe slowed for the second straight month in June.
Source: cnni - 🏆 326. / 59 Read more »

Anheuser-Busch hopes its new ads will change the conversation | CNN BusinessAs Bud Light continues to face fallout from its partnership with a transgender influencer, its parent company is rolling out commercials centered on some of its 65,000 workers and partners.
Source: CNN - 🏆 4. / 95 Read more »

Why airline delays and cancellations are so bad: It's not just the weather | CNN BusinessHundreds of thousands of US airline customers were stranded this week as severe weather grounded planes and led to canceled flights. But storms were only one factor behind the travel nightmare. Staffing shortages, at both US airlines and the Federal Aviation Administration’s air traffic control operations, took a bad situation and made it worse.
Source: CNN - 🏆 4. / 95 Read more »

Fraudsters likely stole over $200 billion in Covid relief aid, watchdog says | CNN BusinessThe Small Business Administration distributed more than $200 billion in potentially fraudulent Covid-19 relief funds, according to a federal watchdog.
Source: CNN - 🏆 4. / 95 Read more »