Apple stock price hits record high in anticipation of WWDC headset launch

An Apple Store logo

Shares and market valuation of Apple dipped throughout 2022 and early 2023, from its high of $3 trillion in 2021. The decline is believed to have been because of supply constraints for the iPhone 14 Pro, among other devices.

Now according to Reuters, Apple remains below $3 trillion, but in early hours trading, it rose to a record high for the first time around January 2022.

Apple shares were up 1.2% to reach $183.25. While the current rise is attributable to WWDC expectations, though, the stock has generally been recovering throughout 2023.

Where Standard & Poor's benchmark figure has risen 11.5% over the course of 2023 so far, Apple's shares have risen almost 40%.

Last-minute plausible leaks show have listed expected specifications for Apple's headset. The device itself will be announced during the company's opening keynote presentation.