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AAPL's top line guidance range of $63.5B to $66.5B topped even the highest of analyst expectations. It was one of the most upbeat earnings calls in a long time, with Cook going so far as to mention how this iPhone demand vs. Supply problem is "a good problem to have." Additionally, to further emphasize the demand side, Cook gave no assurances that the company would exit within its iPhone target inventory range (either the historical 4 6 weeks, or the new 5 7 weeks).
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