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Tech Up After Apple Earnings -- Tech Roundup

01/28/2022 | 05:16pm EDT

Shares of technology companies rose after a surprisingly strong earnings report from Apple.

Shares of the world's largest company by market capitalization rose by more than 5% after it posted robust fourth-quarter sales growth, avoiding the pitfalls of supply-chain issues that snarled some rivals' deliveries.

Chief Executive Tim Cook also forecast less impact from supply-chain issues in the current quarter.

Shopify denied that it is liable for alleged copyright and trademark infringement by online sellers using its platform, responding to a lawsuit filed by textbook publishers.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

01-28-22 1716ET

Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 0.21% 140.675 Delayed Quote.-20.96%
SHOPIFY INC. 2.57% 333.0615 Delayed Quote.-76.42%
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