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Apple's Earnings Explained

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Apple's earnings announcement for the last quarter defied expectations. "Apple's most impressive statistic is its overall sales growth: With more than $39 billion in revenue last quarter, Apple's sales grew 59% year-over-year, far faster than its peers. The iPhone business continues to lead Apple, and the 35 million iPhones shipped during the quarter were above expectations."

Read the full run-down by Dan Frommer on SAY's ReadWriteWeb.

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