Apple stock gains 2% after beating market estimates - News Summed Up

Apple stock gains 2% after beating market estimates


Unlike its market peers, Apple stock outperformed many other stocks of Wall Street in 2023. Company's boosted iPhone sales helped it in witnessing impressive quarterly results. Other than its global sales, Apple managed to perform better than predictions in sales in China. Apple was able to bring market cheers after the company marked two straight quarters of sales declines. The first decline in sales was reported by Apple after the onset of the COVID pandemic.


Source: Mint May 05, 2023 20:15 UTC



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