Apple's stock reached an all-time high after strong Q3 earnings and optimism for AI-driven growth.
Apple's stock hit an all-time high of $237.23 following robust Q3 earnings, fueled by growth in Services, iPads, and Macs, and optimism for AI-driven iPhone supercycle. Management expects 5% revenue growth in Q4. Apple's AI integration into hardware and software is seen as a catalyst for future growth and diversification, improving the medium and long-term outlook.
August 09, 2024
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