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Apple CEO's handling of trade war has helped buoy shares, investors say

By Stephen Nellis

Oct 31 2019 6:53AM

Price-to-forward-earnings valuation now higher than 2010.

Apple CEO's handling of trade war has helped buoy shares, investors say

When Apple Inc reports results on Wednesday, Wall Street expects flat fiscal fourth-quarter sales and lower full-year revenue compared with the prior year, mostly because of declining iPhone sales. Yet Apple's stock price has hit all-time highs in recent weeks, and its price-to-forward-earnings ...

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