Apple Earnings Lifted by China Sales

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By Thurrott, Paul
Apple announced another stunning financial quarter Tuesday, with a record quarterly net profit of $7.31 billion on record quarterly revenue of $28.57 billion. The consumer electronics giant credited its recent entry into China for pushing it over the top, but it’s equally likely that a delay in the next-generation iPhone was responsible: Apple sold a whopping 20 million iPhones in a quarter that is usually the weakest for that device.

Source: Win Super Site
 
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