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Apple Defies Skeptics; Dow Hits Record

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Apple Defies Skeptics; Dow Hits Record
AIRED:
Apple defies worries about the strength of the iPhone. Sales of its most profitable device rose to a record for a June quarter, but demand for the iPad took a hit with sales down 20 percent from a year ago. Total profits topped forecasts and revenues barely exceeded expectations. As for the current quarter: Apple's sales outlook, typically conservative, is lighter than The Street's.moreless
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