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Apple’s Market Cap Closed Above The $3 Trillion Threshold, But Its Fiscal 2023 Revenue Was Down 3 Percent Compared To Previous Period

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Apple market cap closed above the $3 trillion mark

Apple reached a new milestone by crossing the $3 trillion barrier for the first time since August of this year after its shares climbed 2 percent on Tuesday, closing at $193.42. The company secured the new record despite its fiscal 2023 revenue being lower than the one prior. However, as the technology traverses into a nascent market with the Apple Vision Pro, new challenges await the firm in 2024. Apple briefly tapped the $3 trillion mark back in December 2022 As reported by CNBC, Apple’s stock hit an all-time high on July 31 and remains the most valuable publicly traded […]

Read full article at https://wccftech.com/apple-market-cap-closed-above-3-trillion/

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