#AppleCryptoUpdate Here's an update on Apple's market performance:
*Current Stock Price:* Apple's stock (AAPL) is currently trading at $205.35.
*Market Capitalization:* The company has a market capitalization of $3.19 trillion.
*Recent Earnings Report:* Apple reported its fiscal 2025 first-quarter earnings, with quarterly revenue reaching $124.3 billion, up 4% year-over-year. Earnings per share (EPS) came in at $1.65, slightly below estimates of $1.66.
*Future Plans:* Apple plans to spend over $500 billion in the US over the next four years, focusing on artificial intelligence, silicon engineering, and skills development. This investment is expected to create thousands of high-paying jobs across the country ¹ ².
*New Initiatives:* Apple is also opening a new manufacturing facility in Houston to produce servers that support Apple Intelligence, and doubling its US Advanced Manufacturing Fund to $10 billion ³.
*Key Products:* Apple continues to innovate with its product lineup, including the latest iPhone 16 family, MacBook Air, and Apple Watch Series 10, all built for Apple Intelligence ⁴.