Apple CEO Tim Cook speaks during Apple's annual Worldwide Developers Conference in Cupertino, California on June 10, 2024. — AFP picNEW YORK, June 13 — Apple on Wednesday briefly reclaimed its berth as the world’s biggest company when measured by stock price, taking back the top position for a few hours from Microsoft.
Apple, which had taken its time to formulate its AI strategy, lost its long-held top spot in January as investors rewarded Microsoft’s unabashed rollout of new generative AI products under its CoPilot brand. The technology will only be available on Apple’s highest-end hardware, forcing interested customers to pay premium prices to enjoy the AI capabilities.
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: