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13/06/2024 9:30 am
Apple's shares rose over 2% to $211.75, boosting its market valuation to $3.25 trillion. This surge allowed Apple to reclaim the title of the world's most valuable company, surpassing Microsoft, which now stands at a $3.24 trillion market cap. This marks the first time in five months that Microsoft has fallen behind Apple.
The increase in Apple’s share price followed the company's unveiling of AI-enabled features and software enhancements, anticipated to drive iPhone sales. The announcement, made at Apple’s annual developer conference, highlighted advancements in Siri’s capabilities, including interactions with messages, emails, calendars, and third-party apps.
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