IPhone 5 Shatters Previous Sales Record

Apple Inc. surpassed $700 in late trading yesterday after announcing record first-day orders for the latest iPhone, fueling optimism that the company will keep generating the revenue growth that transformed it from a niche computer manufacturer into the world’s most valuable business.

U.S. Stocks Halt Five-Day Slide: Is the Selloff Over?
52:12 - Julian Emanuel, UBS equity and derivatives strategist, discusses the performance of U.S. stocks with Bloomberg's Betty Liu on "Bloomberg Markets." (Source: Bloomberg)
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