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Apple seems to be leaving investors with a rosier view of the September quarter than analysts had been modeling. The stock is up about 3% in after-hours trading Thursday.
For instance, the company’s guidance calls for a mid- to high-single-digit rate of revenue growth for the overall company in the September quarter. Analysts were expecting about 3% growth.
The company also expects a similar rate of services revenue growth to the 13% rate it just posted. Analysts were looking for 11% growth.