Apple Unveils New iMac: M4 Chip Brings Faster Speeds and Smarter AI Features
Portfolio Pulse from Anusuya Lahiri
Apple Inc (NASDAQ:AAPL) has unveiled its latest iMac featuring the new M4 chip, which offers significantly faster speeds and enhanced AI capabilities. The iMac includes advanced connectivity options and a variety of new features, with pre-orders starting at $1,299 and an official release on November 8. Apple's stock has risen 38% over the past year, with a recent increase of 1.29% following the announcement.
October 28, 2024 | 5:13 pm
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Apple's introduction of the new iMac with the M4 chip is likely to boost its stock in the short term due to enhanced performance and AI features. The stock has already seen a 1.29% increase following the announcement.
The new iMac's advanced features, including the M4 chip and AI capabilities, are likely to attract consumer interest and drive sales, positively impacting Apple's stock. The immediate 1.29% stock increase suggests investor optimism.
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IMPORTANCE 80
RELEVANCE 100