In recent trading, Apple shares rose by 0.33%, reaching a price of $269.71 per share, which led to a capitalization of $4.001 trillion.
Additionally, it has been reported that a group of shareholders has filed a class-action lawsuit against Apple and its management, including CEO Tim Cook. The lawsuit is prompted by allegations of misleading information regarding the timelines for implementing artificial intelligence technologies in the company's products.
Shareholders claim that Apple significantly underestimated the timelines for the development and integration of AI features, such as the Apple Intelligence system and the Siri voice assistant. According to the plaintiffs, this negatively impacted the company's financial results and market capitalization, particularly in the context of iPhone sales. The complaint concerns shareholders who may have incurred losses estimated in the hundreds of billions of dollars in 2024.
