Apple Inc. (NASDAQ:AAPL): Apple will be the first U.S. company with a market cap of $3 trillion

 


Apple stock is approaching the $3 trillion mark, at $190.74 a share, as investors begin to recognize potential opportunities for growth in the VisionOS ecosystem. The Apple Vision Pro will be released in the U.S. in Q1 of 2024 and by that time, most bulls are betting on several killer apps for Vision Pro, ranging from virtual online shopping to travel, to emerge.

Deepwater's Gene Munster told CNBC, "Eventually 10% of Apple's revenue will come from the Vision Pro". In our view, this might not include a lower-end version of the original Vision Pro that the company is currently working on, per Bloomberg.

This note contained herein is not and should not be construed as a recommendation to buy or sell. Click here to view the latest update!

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