Comment on Apple Did Better Than Investors Expected—Again

Apple Did Better Than Investors Expected—Again

Damir Sagolj / Reuters On Tuesday, Apple announced its fourth-quarter earnings. The company beat investor expectations, reporting $11.1 billion in profit—up 31 percent from last year. Its revenue was $51.5 billion, with international sales accounting for 62 percent of that sum. Last month, Apple saw record sales on the opening weekend of the latest model of the iPhone.

 

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