Apple Stock Crosses $352 Despite Rising Costs

TLDR Apple stock moved above its previous record of $351.74 and traded at $352.22 during Wednesday’s session. Apple’s market capitalization reached approximately $5.12 trillion, while its shares gained 30.02% over the past year. Apple reported fourth-quarter revenue of $114.5 billion, representing 12% annual growth. The company’s manufacturing purchase commitments increased by $33 billion to $89.7 [...]

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