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Changes in US stocks | Launching smart home hub HomeView Apple (AAPL.US) hits a new record high
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The Zhitong Finance App learned that on Tuesday, Apple (AAPL.US) rose nearly 2% at the beginning of the session, reaching another record high, with a total market capitalization of 5 trillion US dollars. According to the news, Apple announced the launch of HomeView, a smart home device equipped with a 7-inch Liquid Retina display, which integrates functions such as music playback, video calls, home monitoring, and smart home control, and is equipped with a new generation of Siri based on Apple Intelligence. The device supports up to 6 users, provides personalized content through facial recognition, and emphasizes privacy and data security. HomeView offers a desktop version and a wall-mounted version, all priced at $299. Pre-orders began on the same day, and will be on sale in the US, UK, Canada, Australia and other markets starting November 13. Apple also announced cooperation with LG Electronics and Schneider Electric to launch supporting products such as smart cameras, thermostats, and door locks. Since Siri AI is not currently available on iOS systems in the EU region, HomeView is not currently sold in the EU.

Fusion Fund founder and managing partner Lu Zhang is positive about Apple's long-term prospects. She believes that the contribution of first-generation smart home products to Apple's overall revenue may be limited, and it remains to be seen whether the folding screen iPhone Duo can drive large-scale switching. However, she pointed out that after AI companies launch new models, they still need to use Apple's hardware and ecosystem to reach users, which gives Apple a certain advantage in terms of distribution channels. In her opinion, as long as Apple continues to launch competitive hardware products, higher valuations will still be supported.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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