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Apple Stock Hits Record High Amid Bullish Holiday Forecast

Apple Stock Hits Record High Amid Bullish Holiday Forecast

Author:

Global Cryptocurrency

Published:

2025-10-30 23:04:01

20

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BTCCSquare news:

Apple shares surged over 3% in extended trading after delivering a fiscal fourth-quarter earnings beat, fueled by record services revenue and resilient iPhone sales. The tech giant posted $1.85 EPS on $102.47 billion revenue—an 8% annual increase—as its newly launched iPhone 17 lineup drove a 6% hardware sales bump to $49.03 billion.

CEO Tim Cook's projection of a historic holiday quarter sent shares past previous highs. "This will be Apple's strongest December quarter ever—for both the company and iPhone," Cook declared during the earnings call. The bullish outlook reflects sustained demand for premium devices and expanding margins in the $28.75 billion services segment.

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