VIDEO: Apple’s WWDC Needs “One More Thing”

2 Jun

Apple ’s shares have been on a tear, up 21% to a high of $635.38 last Thursday, since it announced its March quarter results on April 23 when the stock was at $524.75. There are multiple reasons for the move including higher than expected revenue driven by iPhone sales, gross margins rising to 39.3% and announcing a larger stock buyback program with a 7 for 1 stock split.

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