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Apple announces its 'most profitable quarter ever'
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#1
10-19-2009
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Apple announces its 'most profitable quarter ever'
Apple has announced its fiscal fourth quarter results, showing $9.87 billion in revenue and a net profit of $1.67 billion ($1.26 per diluted share). This compares to the company's $7.9 billion revenue and $1.14 billion net profit in the year-ago quarter. For the entire year, Apple's revenue grew by 12% and net income by 18% -- quite impressive considering the recession and all.
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