In May, CEO Tim Cook announced a new record for Apple’s active device base, with the services and iPhone divisions also reaching all-time highs. Despite declining results from the Mac and iPad sectors, Apple recently released a 15-inch MacBook Air laptop. Analyst Dan Ives from Wedbush Securities predicts that Apple could achieve a $4 trillion cap by 2025, citing a significant portion of the install base that hasn’t upgraded their phones in over four years. Ives also mentions the potential impact of Apple’s AR platform and Vision Pro AR headset, as well as a new app store built around these technologies.
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