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AAPL stock opens at new all-time high, briefly crosses $199

Apple stock jumped 4.5% at market open today, following better-than-expected earnings and guidance for the forthcoming quarter. The stock broached $199 and has settled at $198 at time of publishing. Apple’s market cap is now above $970 billion dollars.

The company announced a record June quarter, with $53 billion revenue from 41.3 million iPhones, 11.6 million iPads and 3.7 million Macs.

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