Apple Defies Tech Sell-Off With Strong Earnings, AI Momentum

While some tech companies are suffering a sell-off, such as Microsoft (MSFT, Financial), which has fallen by 11% in the last 30 days, and Amazon (AMZN, Financial), which has fallen by an even greater 16%, Apple Inc. (AAPL, Financial) has continued to advance and reached the $224 mark in the post-earnings period.This new valuation level for Apple is justified by its responsibility for spreading artificial intelligence (or Apple Intelligence) technology through its strong user base and possible monetization f ...