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Markets

Apple’s record iPhone boom just became a Wall Street trap

TST (Full) - (Official Feed) · 1h ago · 🇺🇸 United States

Apple’s record iPhone boom just became a Wall Street trap

Apple (AAPL) reported the type of quarter that should have sent its stock price skyrocketing. Revenue rose 16% from a year earlier to $109 billion, while profit increased 26% to $29 billion. iPhone sales jumped 22%, Mac revenue climbed 25%, and the iPhone 17 produced the biggest product launch in ...

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