Since the start of the year, Apple Inc. shares have risen by more than 60%, and the company showed that it is still sizzling with the release of its new iPhone 3G S on Friday. Apple beat analysts estimates once again, reporting that it sold more than 1 million iPhones in its opening weekend, debuting simultaneously in over eight countries.
This was an impressive opening as the company sold the same amount of phones when it released its previous model last year (which debuted in over twice as many countries).
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