Shares of tech giant?Apple?jumped to a record high?for the first time in 17 months on Monday, ahead of WWDC (Worldwide Developers Conference) 2023, which was an annual software developer conference held yesterday.?However, the world's first company to hit a $3 trillion market cap fell short of again hitting that mark and ended at $2.89 trillion.?
After hitting an all-time high during trade, Apple?shares dropped a bit to end the day 1.45% higher on the NASDAQ at $183.58. It had hit an all-time high of $184.95 earlier in the day ahead of the event.??
Apple shares ended 0.8% lower after the world's most valuable company unveiled an augmented-reality headset called the Vision Pro, its?riskiest and biggest bet since the introduction of the iPhone. Earlier,?Apple?rose as much as 2.2% to an all-time high, as per a Reuters report. Apple shares have already jumped more than 45% this year to date.
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During WWDC yesterday,?Apple announced its mixed-reality headset, the Vision Pro.?The $3,499 headset is its first major new product since the Apple Watch in 2014.
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The Vision Pro will allow users to see apps in a new way, in the spaces around them, as per a CNBC report. Users can use their eyes and hands to navigate through apps and search with their voices. The headset can be used to watch movies, including in 3-D, with spatial audio, view their own pictures or videos, and play video games. It can also be used for work with video conferencing apps, Microsoft Office tools, or Adobe Lightroom. Apple's Vision Pro It will be available starting at $3,499 beginning early next year.??
Did you know Apple was not the world's first company to hit a $1 trillion market cap? Click here to know more about it.
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