Apple briefly reclaims title of world's most valuable company

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. On Monday, Apple unveiled a new AI platform called Apple Intelligence that will be gradually added to a new version of the iOS 18 operating system.

Analysts, while initially lukewarm, have grown to believe that the iPhone's new powers will motivate the company's 1.5 billion-strong user base to update their phones in order to take advantage of the AI features.

Apple Most Valuable Company 2024

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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