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Why Apple’s stock is topping the Magnificent Seven this year

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Apple reported stronger than expected earnings and revenue for its fiscal third quarter, with iPhone sales climbing 22% year over year. Earnings per share came in at $2.02, and revenue reached $109.42 billion, ahead of the $108.65 billion analysts had expected. iPhone revenue alone totaled $54.25 billion, slightly above the $53.86 billion forecast. Net income […] The post Why Apple’s stock is topping the Magnificent Seven this year appeared first on Rolling Out .

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