Apple Is Now a $3 Trillion Company

Apple has reached a $3 trillion market cap, marking a significant milestone in technology history. Despite challenges, Apple has rebounded, impacting employee retention and internal morale. The Vision Pro headset, while not a major factor in this achievement, is part of Apple's long-term strategy. The company's ecosystem, including iPhones and services, plays a crucial role in its success. Apple has been cautious with AI, with no major initiatives expected until late 2024, focusing instead on its self-driving car project.

What significant milestone did Apple achieve, as discussed in the video?

• First company to launch a self-driving car

• First company to release a foldable phone

• First company to reach a $3 trillion market cap

• First company to develop a generative AI ecosystem

What was a key reason for employee departures at Apple?

• Desire to work in a different industry

• High workload and stress

• Concerns over restricted stock units (RSUs)

• Lack of career growth opportunities

What is the primary driver of Apple's market cap, according to the video?

• The release of the iPhone 15

• The launch of Vision Pro

• The strength of Apple's ecosystem

• The introduction of new AI services

What upcoming product launch is expected to impact Apple's market performance?

• The Vision Pro headset

• Apple's self-driving car

• The iPhone 15

• The new MacBook Pro

Why is Apple not prominently featured in discussions about the recent AI boom?

• Apple has not invested in AI technology

• Apple is waiting for regulatory approval

• Apple is focusing on hardware development

• Apple has been on the sidelines of the AI boom

What is Apple's anticipated major AI project mentioned in the video?

• A new AI-based health coaching service

• A generative AI chatbot

• A self-driving car

• An AI-powered virtual assistant

When is Apple expected to launch significant new AI-related services?

• By the end of 2023

• In early 2024

• By the end of 2024

• In 2025