Prior to a yearly software developer conference, Apple Inc. (AAPL.O) shares reached a new high for the first time in 17 months on Monday, while their market value fell short of an all-time high of $3 trillion.

Later in the day, Apple is predicted to unveil a mixed-reality headset, marking the company’s first significant foray into a brand-new market since the launch of the Apple Watch nine years ago.

The most valuable publicly traded firm in the world last saw its shares rise 1.5% to $183.70. In 2023, they increased by over 40%, vs an 11.5% increase in the benchmark S&P 500 (.SPX).

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