#Apple closed on Friday with a $3 trillion market cap. That's greater than most major European large-cap stock indices. It's $500 billion more than #Microsoft. It's also larger than #Amazon and #Alphabet combined.

That's insane!

Ironically, the FT reported this morning that Apple has been forced to make major cuts to Vision Pro headset production plans. That's perhaps not a major revenue generator, but it might be in their future.

So what is behind this rise? Some suggested that Apple's supply chains have recovered, hence the bounce back. And there is also a growing market in India for their products – a nation of over 1.4 billion people. I heard one idea that Apple is a safe haven for tech investors because it is so stable and cash generative... hmmm!

I'd love to hear your thoughts on this story.

Music: Kids Kids Kids by Ooyy, Epidemic Sounds

#Investing #Technology #Equities