Apple Delivers Monster $1.23 Billion Profit

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UPDATED: Apple has reported revenues of $8.34 billion and a net quarterly profit of $1.23 billion.These results compare to revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share, in the year-ago quarter. Gross margin was 36.3 percent, up from 34.8 percent in the year-ago quarter. International sales accounted for 44 percent of the quarter’s revenue.

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