AAPL saw its stock price climb steadily yesterday in the run-up to the company’s announcement of its Q2 earnings (calendar Q1), and once the numbers were known the price jumped sharply in pre-market trading to hit $174.21 at the time of writing. That’s up more than 5% on yesterday morning’s opening price.

While Apple’s Q2 earnings were almost bang in the middle of both the company’s guidance and analyst expectations, investors appear buoyed by three factors …

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Ben Lovejoy

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