Apple's $300-billion rebound faces a reality check

Jamie McKane

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Apple's $300-billion rebound faces a reality check

Apple Inc. has a lot to live up to with its earnings report coming on the heels of a rally that has added almost $300 billion of market value this year.

The shares are up 43 percent from a 21-month low touched in early January after worse-than-expected iPhone sales prompted the company to cut its fiscal first-quarter revenue forecast.

[Bloomberg]
 
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