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Jul 27, 2016, 2:51 pm413 pts
Fortune
On July 26, Apple aapl announced that its earnings and revenues narrowly beat Wall Street’s expectations. Investors, who’d been fretting that the sharp decline in iPhone sales that spooked the markets early this year would accelerate, cheered. By mid-day on July 27, Apple’s shares had jumped 6.5% to $103,…
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