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Apple reports record $20.1 billion profit on $88.3 billion revenue in FY Q1 2018, 77.3 million iPhones sold

Apple has reported all-time record quarterly revenue of $88.3 billion, up 13% over last year with a all-time record net profit of $20.1 billion in their earnings for the financial year Q4 2018 that ended December 30, 2017. Apple reported quarterly earnings per diluted share of $3.89, up 16% from a year ago, also an all-time record. During earnings call Tim Cook said that the growth was broad-based and a key driver was iPhone, which generated its highest revenue ever. iPhone X has been Apple's...
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