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AAPL
Benzinga
1 min

Nasdaq Surges Over 1%; Apple Earnings Top Views

1. Apple's Q4 revenue reached $102.47 billion, exceeding $102.17 billion estimates. 2. Earnings per share of $1.85 surpassed forecasts of $1.76. 3. Consumer discretionary stocks surged 4.3%, indicating positive market sentiment. 4. Nasdaq Composite rose 1.23%, benefitting tech stocks like AAPL. 5. Overall market trends remain bullish for tech sector stocks including AAPL.

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FAQ

Why Very Bullish?

Apple's strong earnings beat expectations, similar to previous quarterly performances boosting stock prices significantly.

How important is it?

The article highlights significant earnings performance and market trends directly beneficial to AAPL's valuation.

Why Short Term?

Immediate positive market reactions to earnings reports typically impact stock price in the following days.

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