Shares of Apple are trading at a record high, up 0.9%, or $1.31, at $147.89 a share, ahead of its second quarter earnings report, which is scheduled to be released following Tuesday's closing bell.
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Apple climbs to an all-time high ahead of earnings
Apple is up more than 27% so far in 2017.
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Wall Street analysts surveyed by Bloomberg are expecting the tech giant to report earnings of $2.02 per share on revenue of $53.06 billion. Other metrics to watch include gross margin (38.71% expected) and iPhone sales (52.21 million expected).
In addition, analysts will be paying close attention to Apple's cash hoard, which could top $250 billion.
Shares of Apple are up more than 27% so far in 2017.
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