Apple Inc. quelled concern over lackluster iPhone demand with results showing that when consumers buy the phone, they’re willing to pay up for the most expensive model.
Apple Inc has seen "strong demand" for replacement iPhone batteries and may offer rebates for consumers who paid full price for new batteries, the company said in a Feb.
2 letter to U.S. lawmakers made public on Tuesday.
Apple shares rose 3.6% in extended trading Thursday after closing at $167.78.
All Sources: Reuters Los Angeles Times