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As of 1:00 pm ET, Apple shares were up more than 2.2% to over $100.50 per share.
Apple is expected to announce its latest iPhone at an event in Cupertino, California expected to begin at 1:00 pm ET.
BI will have full live coverage over at SAI, and this post will be updated as Apple shares move during the event.
Here's a chart of Apple shares as the announcement kicks off.
Yahoo Finance