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Apple's Profit Jumps 26% as iPhone Sales Boom

By the Associated Press

Posted Oct 21, 2008 7:30 PM CDT

(AP) – Apple Inc. said its profit jumped 26% in its fiscal fourth quarter as the newest iPhone outsold the market-leading BlackBerry. Despite the blockbuster performance, which sent Apple's shares soaring in after-hours trading, the company issued what it called "prudent" predictions for the current quarter... Read full story »

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Apple's Profit Jumps 26% as iPhone Sales Boom

Steve Jobs • iPhone • Apple • earnings reports

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More Newser Stories

Apple Beats Expectations Again, Sells 35M iPhones

Earnings nearly doubled from a year ago

First in Line for iPhone 4S: Steve Wozniak

Crowds line up in cities across the world, pay tribute to Steve Jobs

Apple Profit Shoots Up 125%

...and that's without any new product launches

Apple's Profits Surge on iPhone, iPad Sales

Company again beats expectations

Steve Jobs Unveils iCloud, New iOS

Apple also unveils new version of Mac OS

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