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Apple Reports 17% Sales Jump, Powered by iPhones

Source: New York Times

Apple will have a new chief executive in September, after 15 years with Tim Cook as its leader. In the meantime, it was business as usual for the company, which on Thursday reported another quarter of strong sales and profit.Apple’s revenue for the three months ended in March rose 17 percent from a year earlier to $111.2 billion. Profit jumped 19 percent to $29.6 billion, breaking its record for the quarter,…

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