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Apple Posts Better-Than-Expected Earnings as Services Revenue Hits Record High

1. Apple's Q3 earnings surpassed analysts’ expectations with $94.04 billion revenue. 2. Services revenue reached a record $27.42 billion, growing 13% year-over-year. 3. Net income rose to $23.43 billion, exceeding Wall Street predictions. 4. iPhone and Mac sales grew 13% and 15%, respectively, despite iPad decline. 5. AAPL shares increased 2% after-hours, recovering from a 17% decline in 2025.

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FAQ

Why Bullish?

Strong earnings, particularly in services, reinforce AAPL's growth trajectory. Historically, positive earnings surprises have led to stock price increases.

How important is it?

Record earnings and strong growth signals heightened investor confidence; potential for increased investment.

Why Short Term?

Immediate investor reactions may boost AAPL stock; sustained growth needs longer observation.

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