Wall Street was happy with Apple’s earnings report yesterday, despite it revealing a steep fall in revenue from iPhone sales. Pre-market trading shows AAPL at $211 at the time of writing, more than 5% up on yesterday’s close. That sees the stock heading back toward a trillion dollar market cap again.
iPhone sales were down 17% year-on-year in revenue terms. But there are five reasons why the market was happy by what it saw and heard yesterday …
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