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Benzinga
Benzinga
Business
Shanthi Rexaline

Apple Stock Climbs After Q1 Earnings Blow Past Estimates: What Investors Need To Know

Apple AAPL

Apple, Inc. (NASDAQ:AAPL) reported strong holiday quarter results, with record operating metrics that came in ahead of the most optimistic forecasts. Despite supply chain disruptions, Cupertino showed resilience.

iPhone revenue rose to a record thanks to strong performance in China. The company also said its installed base of active devices was at a record.

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