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Apple stock pops 5% on optimism for iPhone 8 sales

iPhone 10 Years Later: The phone that almost wasn't

Apple just gave investors reason to hope that the next iPhone launch is on track.

Apple (AAPL, Tech30) said Tuesday it expects sales for its fourth quarter, which ends in September, to come in as high as $52 billion, more than analysts had expected.

That estimate suggests Apple is likely to launch its newest iPhone model -- expected to be called the iPhone 8 -- in September, despite earlier rumors of a possible delay.

The guidance "implies some kind of September iPhone launch," Neil Cybart, an analyst who covers Apple for Above Avalon,

in a...


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