Apple Debuts AI Strategy, Shares Soar 7% to Record Highs

Jun 11, 2024, 09:44 AM

Apple has debuted a new AI strategy aimed at boosting iPhone sales. The company's push into artificial intelligence is expected to encourage customers to upgrade their devices. Following the unveiling of new AI features at the Worldwide Developers Conference (WWDC), Apple shares soared 7% to record highs. The market's positive reaction underscores the potential impact of Apple's AI initiatives on its sales and stock performance. The stock, trading under the ticker $AAPL, reached an all-time high.