
Apple Inc. (AAPL) made history in mid-2023 by being the first tech company to reach a $3 trillion market value, while the tech sector garnered significant investor attention due to the hype surrounding Artificial Intelligence (AI).
However, for the fiscal fourth quarter (ended September 30, 2023), the company’s total net sales declined marginally year-over-year to $89.50 billion due to weaknesses in the Mac and wearables segment.