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Apple’s stock has now doubled in a year amid ‘impressive’ App Store sales data

January 9, 2020

Shares of Apple Inc. surged to another record high Wednesday, and have now doubled over the past year, in the wake of the company’s report on its app store sales.

The technology behemoth AAPL, +1.61% said Wednesday that App Store customers spent $1.42 billion between Christmas Eve to New Years Eve, a 16% increase from the same holiday-season period a year ago. On New Year’s Day, App Store customers spent a single-day record of $386 million, up 20% from last year.

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