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The iPhone 7s pushes Apple to Wall Street

Supporting the shares in the pre-market are rumors according to which the American company would have asked to produce between 72 and 78 million new smartphones by the end of the year, more than the 65 million assumed by Wall Street analysts.

The iPhone 7s pushes Apple to Wall Street

Apple Lossless Audio CODEC (ALAC), is preparing for a positive start to the session, in the wake of the rumors circulating about the production of the new version of the Cupertino smartphone, the iPhone 7s, expected after the summer. In the pre-market on Wall Street, the shares of the tech giant gain a further 1%, after rising by 1,27% yesterday.

The actions are therefore supported by the rumors reported by the Taiwanese newspaper Economic Daily and taken up by the American CNBC, according to which Apple would have asked suppliers, mostly those in Asia, to produce a greater number of what should be called iPhone 7s. In particular, the American company would have asked to produce between 72 and 78 million smartphones by the end of the year, more than the 65 million assumed by Wall Street analysts. Apple's stock is down about 8% this year and 29% from its February 2015 high to $133 a share.

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