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Apple crushes Wall Street expectations as iPhone sales soar

Apple crushes Wall Street expectations as iPhone sales soar

San Francisco | Apple on reported quarterly sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling global supply chain away from US President Donald Trump's trade war have so far succeeded.
Apple said it earned $US94.04 billion ($146 billion) in revenue for its fiscal third quarter ended June 28, up nearly 10 per cent from a year earlier and beating analyst expectations of $US89.54 billion, according to LSEG data. Its earnings per share of $US1.57 per share topped expectations of $US1.43 per share.
Reuters
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