BusinessApple revenue jumps to $39.2 bn, beats Wall Street view; shares soar
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Apple revenue jumps to $39.2 bn, beats Wall Street view; shares soar
US housing data also brightened the market mood, showing a steady recovery in the battered sector, with single-family home prices rising in February for the first time in 10 months and upward revisions to past data.
Apple Inc on Tuesday reported quarterly revenue that handily beat Wall Street's estimates, driven by strong demand for its iPhones and iPads, sending its shares more than 5 per cent higher.