Shares of Apple (AAPL) on Friday rose $2.81 (+1.48%) to hit $192.40, putting the world’s most valuable company’s market value above $3 trillion for the first time since the company first achieved the feat during trading on January 3, 2022. Apple went public on December 12, 1980 at $22.00 per share. The stock has split five times since the IPO, so on a split-adjusted basis the IPO share price was $.10. Apple’s first march from $2 trillion to $3 trillion in market value took about 16 months as its stock roared higher, leading a group of megacap technology companies that benefited as people relied heavily on tech during the often irrational and prolonged overreactions in many countries to COVID-19. MacDailyNews…

Shares of Apple (AAPL) on Friday rose $2.81 (+1.48%) to hit $192.40, putting the world’s most valuable company’s market value above $3 trillion for the first time since the company first achieved the feat during trading on January 3, 2022. Apple went public on December 12, 1980 at $22.00 per share. The stock has split five times since the IPO, so on a split-adjusted basis the IPO share price was $.10. Apple’s first march from $2 trillion to $3 trillion in market value took about 16 months as its stock roared higher, leading a group of megacap technology companies that benefited as people relied heavily on tech during the often irrational and prolonged overreactions in many countries to COVID-19. MacDailyNews…

Apple's market capitalization has once again hit $3 trillion as the company's shares opened at $191.78 this morning, up just over 1% compared to yesterday's closing price. It has been nearly 18 months since Apple very briefly hit the milestone in January 2022 before declining along with the overall market. At the beginning of this year, Apple's value dipped below $2 trillion, but the company's shares have risen 53% so far this year, pushing them back to all-time highs in recent days. Reaching the $3 trillion market capitalization milestone again has required a slightly higher share price than it did 18 months ago as Apple has continued to aggressively buy back its stock, reducing the overall share count of the…

Following a flurry of overnight trading, and in the wake of the WWDC announcements, Apple has returned to a $3 trillion market capitalization.When the NASDAQ opens, it will be official — Apple has touched $190.73 in pre-market trading, and returned to a $3 trillion market capitalization.In January 2022, Apple became the first company in the world to be valued at $3 trillion by the market. Over the following year, however, its valuation fell to under $2 trillion after what was believed to be investor jitters. Read more...

Macworld When Apple launched iOS 15 back in 2021, the updated software included a new feature in Photos called Visual Look Up. This neat AI-powered tool can recognize animals, plants, and landmarks in your photos, and provide information about them when tapped. Here’s how it works: When you open a picture of some greenery in Photos, for example, you’ll notice a couple of small stars next to the information icon in the bottom bar, which means iOS has spotted something it recognizes. Tap the icon and you’ll quickly be told that the nearest tree is probably a European ash. Very handy, albeit within a relatively small number of spheres. Foundry But two years on, Apple is expanding the usefulness of…

Macworld When Apple launched iOS 15 back in 2021, the updated software included a new feature in Photos called Visual Look Up. This neat AI-powered tool can recognize animals, plants, and landmarks in your photos, and provide information about them when tapped. Here’s how it works: When you open a picture of some greenery in Photos, for example, you’ll notice a couple of small stars next to the information icon in the bottom bar, which means iOS has spotted something it recognizes. Tap the icon and you’ll quickly be told that the nearest tree is probably a European ash. Very handy, albeit within a relatively small number of spheres. Foundry But two years on, Apple is expanding the usefulness of…