BUZZ-Apple climbs to 3-week high amid report of new iPhones

Apple Inc.

Apple Inc.

AAPL

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** Apple AAPL.O shares hit their highest level since June 8; last up 4.2% to $306.67
** Co to launch five new iPhone models as it seeks to gain market share amid memory chip crunch, Nikkei Asia reported on Thursday
** The report also said AAPL has planned to increase its production target for first foldable handsets to volumes higher than previously expected
** Reuters reached out to AAPL for a comment and is yet to receive a response
** Including session's moves, the stock is up 12.7% YTD


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