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Apple hits 5 trillion dollars
Apple has become the second company to surpass a market value of $5 trillion, reaching an all-time high of approximately $5.036 trillion during today’s trading, according to Reuters data. This achievement is driven by strong demand for its products and its strategy of avoiding excessive spending on artificial intelligence, instead relying on technologies from Google rather than developing its own models. The company also boosted its sales by keeping iPhone prices stable and launching a device leasing program in the United States, with expectations of over 15% revenue growth in the next quarter. Apple’s stock rose by 0.2%, and it has increased by about 24% since the beginning of the year.
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