Apple shares up after iPhone debut

Shares of Apple Inc rose more than 1 per cent to $123.38 on Monday after the company's iPhone begun selling on Friday.

Shares of Apple Inc rose more than 1 per cent to $123.38 on Monday after the company's iPhone begun selling on Friday.

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Apple sold about 525,000 iPhones at Apple and AT&T Inc stores in the first weekend since its June 29 launch, the Los Angeles Times reported on Monday, citing an analyst.