The stock of Apple is hitting new records just in time for WWDC23, along with the reveal of an innovative VR/AR headset.
In Brief
In premarket trading early Monday, Apple's shares rose roughly 1%, hitting $183.67.
With the current stock performance, Apple is on track to boost its market capitalization by approximately $16.5 billion, edging closer to the coveted $3 trillion mark.
Anticipation builds as Apple's stock climbs to new heights with expectations surrounding a revolutionary product that could change the gaming landscape. VR/AR headset The company plans to officially present this cutting-edge device during its annual Worldwide Developers Conference, where it will also discuss other new hardware and software updates. WWDC There's a forecast that Apple’s stock will reach an all-time high just before WWDC23.
Since the start of the year, Apple has been a standout performer on the stock market, witnessing an impressive nearly 40% rise in value since January. The upward trajectory has remained steady throughout 2023. increased by about 1% to $183.67, surpassing the previous closing high As reported by Bloomberg, the upward movement in stock values could boost Apple's market cap by $16.5 billion, bringing it closer to achieving a landmark $3 trillion valuation. Apple leads as the largest publicly traded company, constituting around 7.5% of the S&P 500 Index.
WWDC 2023, also known as Apple's Worldwide Developers Conference, kicks off at 10 AM PT on June 5 at the company's headquarters in Cupertino, California.
The main attraction of this year's event is anticipated to be a mixed-reality headset, rumored to be named Reality Pro or XR Pro, along with a new operating system dubbed xrOS.
Additionally, updates for new Mac computers and software versions like watchOS 10, iOS 17, iPadOS 17, and macOS 14 are expected. Apple is also set to unveil advancements in its fitness, health, and finance services while further integrating its ecosystem to enrich user experience. Bloomberg The upcoming Mixed Reality Headset from Apple, boasting up to ten cameras, is anticipated to retail around $3,000.
Read more:
- The VR industry is at a pivotal moment: Here's what to look forward to from the Meta Quest Gaming Showcase and Apple's WWDC23.
- Leaked information indicates that Apple’s VR headset may feature a wide variety of iPad applications, along with options for gaming, workouts, and sports content.
- Apple has formally registered the xrOS trademark for its forthcoming AR/VR headset.
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Disclaimer
In line with the Trust Project guidelines Agne is a journalist committed to covering emerging trends and stories in the metaverse, AI, and Web3 sectors for Metaverse Post. With a deep passion for storytelling, she has engaged in many interviews with industry experts in her quest to highlight compelling narratives. Agne holds a Bachelor’s degree in literature and brings extensive writing experience, having explored topics ranging from travel to art and culture. She's also dedicated time to volunteer as an editor for an animal rights organization, helping raise awareness about crucial animal welfare topics. Feel free to reach out to her at
