Apple's Stock Turns Higher After Announcing New IPhone Sales

Apple Inc.'s stock swung higher in premarket trade Monday, after saying it sold more than 13 million new iPhone 6s and iPhone 6s Plus smartphones in the first three days since they were launched, a new record for a weekend. The stock was up 0.2% ahead of the open, but had been down as much as 0.7% prior to the sales announcement. Apple said sales completed by Sept. 26 will be included in its fiscal fourth-quarter results, while sales completed on Sept. 27 will be part of fiscal first-quarter results. The company said it will make the new iPhones available in 40 additional countries, including Italy, Mexico, Russia and Spain, starting Oct. 9. The stock has gained 3.9% year to date through Friday, while the Dow Jones Industrial Average has lost 8.5%.

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