WWDC 2023: Here's how Apple shares did before and after the launch of Vision Pro AR headset & more

Apple Worldwide Developers Conference saw an array of new products and exciting features across Apple's operating system. The tech-giant launched a series of products including Apple Vision Pro, MacBook Air 15-inch, M2 Ultra, iOS 17, iPadOS 17, macOS Sonoma, tvOS 17, watchOS 10.

However, this launch failed to excite the investors and Apple's shares fell below $180 on Monday. The shares ended down 0.76% at $179.58. But, before the launch, Apple's shares were rallying and rose to an all-time high in 17 months on Monday morning in the U.S. According to CNBC, shares of the company were up more than 1.5% on Monday morning and traded above $182.01. This was a closing high it hit on Jan. 3, 2022. Apple’s stock is up more than 39% year to date, while the Nasdaq is up around 26.5% for the same period.

Apple became the only company to hit $3 trillion in Market capitalisation early last year. The tech-giant was valued last at $2.89 trillion. As per Economic Times, the iPhone maker's forward 12-month price-to-earnings ratio is 28.39, compared with the sector median of 12.79.