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Market Impact: 0.42

Apple climbs on earnings as China 'now a strong tailwind', says Wedbush

AAPL
Corporate EarningsCompany FundamentalsAnalyst Estimates

Apple reported March quarter revenue of $111.18 billion, up 17% year over year and ahead of the $109.46 billion consensus. The beat lifted shares 2.75% in after-hours trading, indicating a favorable near-term reaction to stronger-than-expected results.

Analysis

Apple reported March quarter revenue of $111.18 billion, up 17% year over year and ahead of the $109.46 billion consensus. The beat lifted shares 2.75% in after-hours trading, indicating a favorable near-term reaction to stronger-than-expected results.

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