Apple Inc. Hit New High at One Point, Market Cap Surpassed $3.6 Trillion

Apple Inc. -0.50%
Morgan Stanley -0.15%

Apple Inc.

AAPL

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Morgan Stanley

MS

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In early trading, Apple Inc.(AAPL.US) shares rose 2.5% to a new all-time high of $237.23 at one point, pushing its market cap over US$3.6 trillion.

Morgan Stanley(MS.US) has designated Apple as a top pick, citing the anticipated launch of its AI platform, which is expected to drive a record-breaking wave of upgrades for its smartphones, tablets, and computers.

Investors are closely watching Apple's stock performance and the potential impact of its new AI initiatives on consumer demand.

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