17:11 - 16.07.2024

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July 16, Fineko/abc.az. Apple shares hit a historic high after Morgan Stanley raised its target price and called the company the "best choice" due to its efforts in the field of artificial intelligence.

Experts predict a significant increase in sales of Apple devices in the coming years.

In an attempt to catch up with competitors such as Alphabet and Microsoft, Apple last month introduced the artificial intelligence service "Apple Intelligence", which became the reason for many customers to upgrade their devices to be able to use the new technology.

At the same time, Apple shares, which have grown by almost 20% since the beginning of the year, quickly reached $236.30, which raised the company's market capitalization to $3.62 trillion — the highest in the world at the moment.