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    • Apple shares hit all-time high ahead of developer conference

    People arrive before an Apple event on the campus of Apple's headquarters in Cupertino, Calif., on Sept. 7, 2022. (Jeff Chiu / AP) People arrive before an Apple event on the campus of Apple's headquarters in Cupertino, Calif., on Sept. 7, 2022. (Jeff Chiu / AP)
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    Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although their market value remained short of an all-time peak of US$3 trillion.

    Apple is expected to launch a mixed-reality headset later in the day, which would be its first big move into a new product category since the introduction of the Apple Watch nine years ago.

    Shares of the world's most valuable listed company were last up 1.5% at $183.70.They have jumped nearly 40% in 2023, compared with an 11.5% rise in the benchmark S&P 500.

    Apple became the only company to hit $3 trillion in market capitalization early last year. It was last valued at $2.89 trillion.

    The iPhone maker's forward 12-month price-to-earnings ratio is 28.39, compared with the sector median of 12.79.

    Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta and Anil D'Silva

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    • The City of Calgary ended water restrictions for the city at a Sunday morning update.

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    Sports

    • The Winnipeg Blue Bombers have a nickname for the opposition’s end zone. They refer to it as the “chicken box.â€

    • Jonathan Aranda homered for the second consecutive game, helping Taj Bradley and the Tampa Bay Rays beat the Toronto Blue Jays 3-2 on Saturday.

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    • One man is dead and another injured after a shooting in Langley Saturday evening that homicide investigators say is gang-related.

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    • Toronto police have arrested three people and they are looking for two others in connection with an alleged fraud that saw a man and his daughter bilked out of more than $18,000.

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    • Nearly 100 Inglewood residents rallied Saturday afternoon in a continuing effort to save the Inglewood Aquatic Centre.

    • Nick Kolomyja reckons axe throwing may have saved his life.

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    • One person is dead after an early morning crash in west Edmonton.

    • Dovercourt residents gathered on Sunday to protest a new Hope Mission shelter that will soon open in an old warehouse near Yellowhead Trail and 149 Street.

    • Saint John Theatre Company’s “Waiting for Godot†stars former "Corner Gas" star Eric Peterson, and R.H. Thomson, known for his role in "Anne with an E."

    • A 76-year-old man who was reported missing Saturday in Annapolis District, N.S., has been found deceased.

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    N.L.

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