Is Jim Cramer Right About This Apple Catalyst?
(NASDAQ: AAPL) has a mammoth valuation near $3 trillion. It's one of the most valuable companies in the world, trailing only rival Microsoft in market cap. But many analysts and investors remain optimistic that the business can become even more valuable in the future.
One of them is CNBC's Jim Cramer. What might surprise you, however, is the reason for his optimism. It's not due to a new iPhone coming out or the company's plans to launch a chatbot, or even the strength of its services business. It involves an area of Apple's business that remains unproven.
Apple's Vision Pro virtual reality headsets became available for U.S. consumers earlier this year. But with a price tag that starts at $3,499, it's steep even for Apple customers who are used to paying top dollar for its devices.
Source Fool.com
Apple Inc. Stock
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