Apple Shares Surge After Pre-Orders For New iPhones Break Records

Shares of Apple Inc. gained after the company released better than expected pre-order figures of iPhone 7 and iPhone 7 Plus at T-mobile.

Apple Shares Surge After Pre-Orders For New iPhones Break Records

The new iPhone 7 models went live at the Un-carrier, a campaign by T-mobile US as well as at Sprint Corp. on Friday midnight, breaking all previous records.

John Legere, T-Mobile president and CEO said, "Q3 was already off to an incredible start."

Shares of Apple closed at USD 108.13, up 2.69 per cent on Nasdaq.

Read more about: apple, iphone
Story first published: Wednesday, September 14, 2016, 9:10 [IST]
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