US Stock Market Update | Q3 total revenue, iPhone business revenue both exceeded expectations, Apple rose against the market by 2.75%
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On Friday, Apple's stock price rose against the market by 2.75% to $224.3. Prior to this, its total revenue and iPhone business revenue for the third fiscal quarter were higher than expected. Data for Apple's third fiscal quarter ending on June 29 showed that the company's total sales increased by 5% year-on-year to $85.8 billion, exceeding the market's general expectation of $84.5 billion; earnings per share reached $1.40, surpassing the market's expectation of $1.35. The sales revenue of its flagship product, the iPhone, was $39.3 billion, a year-on-year decrease of 0.9%, but still better than market expectations
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