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Thursday, August 18, 2022

Might Apple Be the Master of the Metaverse?

Meta Platforms  (FB) – Get Meta Platforms Inc. Class A Report may be the company with half the word “metaverse” in its name, but will Apple  (AAPL) – Get Apple Inc. Report be the true beneficiary of the technology word’s latest big trend?

Investors and analysts are talking up Apple’s potential to exploit the metaverse, which consists of digital alternate realities, The Wall Street Journal reports.

The enthusiasm has helped Apple stock soar 23% over the past three months, hitting a record $182.88 on Jan. 3. It recently traded at $175.83, up 0.4%.

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