Izzy, a tech enthusiast and a key part of the PhoneArena team, specializes in delivering the latest mobile tech news and finding the best tech deals. Her interests extend to cybersecurity, phone design innovations, and camera capabilities.
Apple will be joining the generative AI trend in September with the new iPhones, and investors seem to be very excited about a possible super-cycle because of Apple Intelligence. Thanks to that,
In pre-market trading, Apple was up 56% to $234.96, and when the market opened, it was at $235.20 per share on July 16. That basically briefly put Apple ahead of Microsoft with a market cap of $3,6 trillion vs $3.4 trillion. The rising share prices follow the latest reports from analysts, including Morgan Stanley, which recently named the company as a top pick for investors. And most of this is related to Apple Intelligence.release in the fall. However, I can understand the investors' predictions and the rising stock price. After all, Apple is often late to the party when it comes to new features, but they're generally more refined than the competition, at least in my opinion.series.
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