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Christmas Comes Early to Apple Investors

  • April 20, 2010

Apple (AAPL) reported fiscal second quarter results yesterday crushing estimates of both Wall Street analysts and as well as industry research groups like IDC. Apple reported their highest quarterly iPhone sales ever with 8.75 million units sold worldwide, leading Kaufman Bros analyst Shaw Wu to remark,

“The iPhone numbers nearly match the Christmas sales numbers. You have to ask whether Christmas has come again for Apple in March.”

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