Apple WWDC: What's Next for the Tech Giant?
Apple's Worldwide Developers Conference kicked off on Monday at its Cupertino, California headquarters. The tech giant is expected to unveil new operating systems for its devices, but a revamped Siri virtual assistant will likely take center stage.
AAPL stock rose 0.3% in premarket trading as investors looked ahead to the company's announcements. Apple shares are near an all-time high and have largely shrugged off recent volatility in the tech sector.
Unlike its peers, Apple maintained steady capital expenditures at a lower level than expected, which has contributed to its success. The iPhone 17 has been a huge hit for the company, driving record revenue over the past two quarters.