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Apple Stock Surges on Strong Earnings and Bullish iPhone 17 Outlook

Apple Stock Surges on Strong Earnings and Bullish iPhone 17 Outlook

Author:

Global Cryptocurrency

Published:

2025-10-31 10:29:02

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BTCCSquare news:

Apple Inc. (AAPL) shares rallied as much as 4% in extended trading after delivering a fourth-quarter earnings beat and projecting robust growth for the holiday season. The tech giant reported $1.85 EPS versus $1.77 estimates, with revenue reaching $102.5 billion against $102.2 billion expectations.

CEO Tim Cook's bullish commentary on iPhone 17 demand electrified investors, describing launch metrics as "off the chart" despite some supply constraints. The December quarter outlook calls for 10-12% revenue growth, with services and wearables compensating for softer China sales.

Market reaction proved volatile—shares initially dipped 5% post-earnings before staging an 8% reversal that added $320 billion in market capitalization. The whipsaw action underscores how tech earnings remain a dominant force moving broader indices.

By:

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