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Apple Stock This Week: Previewing Earnings Season In anticipation of Apple s earnings day, shares moved 4% lower in the past five days. Below are the main topics that were discussed along this week. Author: The iPhone will be king On Apple’s earnings day, the iPhone will likely steal the show. The early read on demand for the 5G-capable device has been encouraging, and Wall Street’s estimates could prove conservative. Signs that iPhone demand has been strong came recently from Japan’s Nikkei Asian Review. According to the publication, Apple has “instructed suppliers to produce around 230 million iPhone handsets next year, a 30% increase from the pre-pandemic pace of 2019”.

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