Apple profit jumps to $8.8 bn, but below forecasts

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Apple profit jumps to $8.8 bn, but below forecasts (via AFP)

Apple on Tuesday reported a rise in its quarterly profit to $8.8 billion on hot iPad sales but the results came up short of lofty Wall Street expectations, prompting its shares to dive. The profit in the fiscal quarter to June was up 20.5 percent from a year earlier and amounted to $9.32 dollars a…


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