Apple Profit Falls But Beats Expectations
Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced a massive $110 billion share buyback.
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The iPhone maker reported a profit of $23.6 billion on $90.8 billion in revenue in the first three months of this year.
Shares were up nearly 6 percent to $183 in after-market trades.
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© Agence France-Presse
Source: AFP
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