Apple reaches an important goal. The firm is now worth more than 5 trillion dollars. This is a very big number. Only the firm Nvidia did this before. The value of the Apple stock goes up a lot.
Apple is now the top company at the stock market in the USA. Nvidia was worth more before. But the stock values of AI firms go down now. Investors have doubts about the fast boom of Artificial Intelligence. Apple gets more value instead.
Apple starts a new program in the USA. It has the name Apple Upgrade. Customers can rent devices now. They pay a fixed money amount every month. One iPhone costs from 17,99 dollars a month. Apple works together with the firm Klarna for this.
The rent helps with high prices. The prices for computers and iPads are higher. The reason is a shortage of memory chips. After the rent time, customers can pick a new device. They can also buy the old device or give it back.
