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Economy
In reply to the discussion: STOCK MARKET WATCH -- Wednesday, 25 January 2012 [View all]Demeter
(85,373 posts)5. Apple blows past Wall Street expectations
Apple has blasted past Wall Street expectations with record quarterly revenues of $46.33bn, powered by sales of 37m iPhones in its December quarter.
The Silicon Valley company also reported record quarterly net profits of $13.06bn, or $13.87 per share, well ahead of analyst expectations of $10.07 per share and Apples guidance of $9.30.
Wall Street had expected revenues of $38.8bn helped by sales of around 30m iPhones.
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http://link.ft.com/r/LVA6WW/08X743/IEP5S/WTOPG1/VLZ9UX/MQ/t?a1=2012&a2=1&a3=24
BOYCOTT APPLE! BRING DOWN THE WORST OF THE WORST.
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