Apple investors focus on iPhone holiday sales
Julia Love and Devika Krishna Kumar
Apple painted a rosy picture for its new iPhones as it reported quarterly results on Tuesday, but investors were more focused on the company's next test: topping last year's record holiday sales.
Shares of the world's most profitable company initially rose 3 per cent in extended trade after Apple beat Wall Street's sales and profit forecasts, but the gains largely evaporated later.
Reuters
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