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Apple crushes estimates, sell 9 million iPhones

Monday, 23 Sep 2013 | 11:05 AM ET

The tech giant sold a record nine million new iPhones over the weekend which came as a surprise to some suppliers, reports CNBC's Josh Lipton. And Scott Kessler, Capital IQ, explains why he has a "buy" rating and $590 price target on the stock; while Mike Santoli, Yahoo! Finance, weighs in on how to fairly value the shares.