Apple Blows the Doors Off in Spectacular Quarter

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Paul Thurrott

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By Paul Thurrott
Consumer electronics giant Apple on Tuesday proved that it was still the master of its domain, posting a net profit of $6 billion on record revenue of $46.3 billion for the most recent quarter, with an astonishing gross margin of almost 45 percent. And while analysts tend to understate their estimates for Apple’s earnings, these numbers speak for themselves: Apple simply had an unprecedented, blockbuster quarter.

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