Apple notches biggest gain since July on anticipation of next iPhone

  • Shares of Apple soared Monday, as investors looked ahead to the company’s product launch that’s expected to reveal new iPhones.
  • It marks the biggest gains for the company since July 31, when Apple’s stock closed up 10.47% due to its blowout third quarter.



a man wearing glasses using a cell phone: A Chinese customer looks at a phone at the official opening of the new Apple Store in the Sanlitun shopping area on July 17, 2020 in Beijing, China.


© Provided by CNBC
A Chinese customer looks at a phone at the official opening of the new Apple Store in the Sanlitun shopping area on July 17, 2020 in Beijing, China.

Shares of Apple soared 6.35% on Monday, as investors looked ahead to the company’s product launch that’s expected to reveal new iPhones.

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It marks the biggest gains for the company since July 31, when Apple’s stock closed up 10.47% after reporting a blowout quarter.

Apple is expected on Tuesday to reveal the first major redesign of the iPhone’s exterior since 2017. The company is also likely to release four separate iPhones at different

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