Comment on Apple Stock Soars 7% on Strong iPhone Sales

Apple Stock Soars 7% on Strong iPhone Sales

Tech titan Apple reported a 4.6% increase in quarterly revenue on Wednesday, handily beating Wall Street expectations after selling significantly more iPhones than analysts had predicted. The solid results, which amount to the strongest non-holiday quarter in Apple history, encouraged investors who have grown restless about a perceived lack of innovation at the company.

 

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