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Apple Rises After Profit Gain, IPhone Meets Estimates (Update1) (Bloomberg.com)

Thursday 26 July 2007 @ 3:56 am

July 26 (Bloomberg) — Shares of Apple Inc. rose as much as 11 percent in extended trading after sales and profit topped analysts’ estimates and early demand for the new iPhone renewed confidence in Chief Executive Officer Steve Jobs’s plan to woo mobile-phone buyers.

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