Before Apple's earnings report last week, analysts were falling over themselves to declare the iPhone X as a failure with poor sales, but not only did Apple smash the naysayers with excellent results, Strategy Analytics says iPhone X is No.1 worldwide.
The US market has ended the day on Wednesday Australian time with a rise of 567 points, recovering from a slump a day earlier.
Social media giant Facebook has flexed its financial muscles in a earnings call overnight, demonstrating to Wall Street investors and critics alike that it's well-positioned in the mobile advertising market and showing no signs of slowing down.
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