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Apple reports huge profit but sales disappoint

2014-07-23 00:28:15| InfoWorld: Top News

Apple has racked up another hugely profitable quarter on sales of iPhones and Macintosh computers, though its revenue growth was slower than expected. Apple on Tuesday reported a profit of $7.7 billion for the April-to-June quarter, up 12 percent on the same period last year and ahead of analyst estimates of $7.5 billion, according to Thomson Reuters.

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