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Apple Harvests Record Profit

Holiday iPod sales surge defies Wall Street

By Peter Fearon,  Newser Staff

Posted Jan 22, 2009 3:26 AM CST

(Newser) – A late surge in holiday iPod sales boosted Apple quarterly revenue and profits to a record high, reports the Los Angeles Times. Wall Street analysts had predicted a slump of up to 18% in Apple sales, but despite the recession, the company is reporting $1....   Read full story »

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