Apple's Market Cap Surpasses $3 Trillion Milestone

$Apple (AAPL.US)$ Key Details:

✅ Apple (AAPL) closed with a market cap above $3 trillion, reaching this level for the first time since August.

✅ Shares rose 2% to $193.42, reflecting the company's enduring market value despite challenges.

✅ Apple's stock has surged over 48% this year, maintaining its position as the most valuable U.S. publicly traded company.

✅ The achievement comes amid slowing growth and challenges in key markets like China.

✅ For fiscal 2023, Apple reported $383.29 billion in revenue, a 3% decrease from the previous year.

✅ The company expects no annual revenue growth in the December quarter, the first full quarter with iPhone 15 sales.

✅ Apple plans to launch the Vision Pro VR headset next year, its first major new product since the Apple Watch in 2014.

Context/Background:
Apple's market cap milestone underscores its robust financial position and investor confidence, despite a challenging global economic environment.

Why This Matters:
👉 This milestone is significant for stock traders and analysts, reflecting Apple's strong market presence and investor faith in its future growth.

👉 Apple's performance and future product launches are key indicators of the tech sector's health and trends.