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Apple Shares Bounce Back With iPhone Report
4 Views • May 03, 2018
Description
On Wednesday, shares of Apple Inc rose 3 percent. This after the company’s quarterly report and current-quarter iPhone sales forecast calmed investor nerves about a potential slowdown in sales of its flagship product.
Shares in the Cupertino, California firm had fallen 5 percent in the two weeks before the report. A five percent drop equates to more than $40 billion in market value.
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