(Bloomberg) -- Shares of Apple Inc., maker of the iPod media player, advanced the most in almost four months after second-quarter earnings beat analysts' estimates and investors anticipated a sales boost from the new iPhone.
The stock rose as much as 7.5 percent after Apple said yesterday that net income soared 88 percent in the quarter ended March 31. That surprised investors who were accustomed to seeing a bigger slump in the post-holiday period.
Read more at Bloomberg Stocks News
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