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Apple’s stock surges after positive forecast and historic buyback announcement.

Apple Inc. saw a surge in its shares during after-hours trading following the announcement of better-than-anticipated sales in the previous quarter and a Forecast of growth in the upcoming period. This has raised hopes that the company’s slowdown may be coming to an end. While revenue fell 4.3% to $90.8 billion in the March quarter, it was better than analysts’ forecast of $90.3 billion. The profit also beat Wall Street forecasts during the period, and Apple announced the largest share buyback in US history. The results were a relief to…

The post Apple’s Stock Surges after positive forecast and Historic Buyback Announcement. appeared first on Return Byte.



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Apple’s stock surges after positive forecast and historic buyback announcement.

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