As Apple breached the $3 trillion market cap mark, investors are looking at Apple’s ecosystem for further growth. Bill Baruch joined CNBC to share his outlook.

***TRANSCRIPT***

Talk about Apple in particular, the price that held at 170, I think phenomenal. But the key word across Microsoft Alphabet as well as Apple is ecosystem. They all have a fabulous ecosystem. And I mean, look at Microsoft, the copilot, 40% quarter over quarter, quarter over quarter increase. Apple’s ecosystem, I mean, the services sector, the services part of their business is growing and and becoming a bigger piece of the pie that they have.

So I expect Apple to be setting a new record high here. I mean, as we close out the year. All right. Let’s do AMD because it’s surging on its own.