Author: Rounak Jain
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AAPL Stock Hits New High Despite Sales Slowdown: Tech Bull Says ‘Street Is Realizing’ iPhone 16 Marks The ‘Start Of A Super Cycle’ For Apple
Apple Inc. (NASDAQ:AAPL) stock soared to a new 52-week high on Tuesday, closing at $242.65, despite a general market slowdown. Wedbush’s Dan Ives reacted to it, reiterating his belief that the iPhone 16 is the “start of a super cycle.” What Happened: AAPL stock rose by 1.3% on Tuesday, pulling up the broader Nasdaq Composite index.…