Apple's iPhone 14 Pro Max pre-orders looking good

Hanno Labuschagne

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Apple's iPhone 14 Pro Max pre-orders looking good

Apple Inc. shares rallied the most since May as pre-order data showed the iPhone 14 Pro Max was the best-selling model, surpassing what the older version did in a similar timeframe.

Shares of the tech giant rose 3.9%, their biggest one-day gain since May 27, and the stock closed above its 200-day moving average for the first time since August.

[Bloomberg]
 
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