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Apple Quarterly Profit Beats Forecasts On Strong Iphone Sales
(MENAFN- The Peninsula)
AFP
San Francisco, United States: Apple on Thursday reported quarterly profit of $23.4 billion, topping forecasts despite concerns about the effect of US tariffs on its supply chain.
Revenue was $94 billion for the usually slow quarter ending in June, the iPhone maker said.
"Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment," said Apple chief executive Tim Cook.
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