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Comment: Apple’s Q1 results contained mixed news, but overall they were a big win

Apple’s earnings call yesterday was an upbeat one, and with good reason. The company reported that the holiday quarter saw it earn $88.3B in revenue and make $20B in profits – both all-time records. Revenue grew 13% year-on-year, earnings per share were up 16%, Questions about how well the iPhone X has been selling were also answered, albeit somewhat obliquely. While Apple never breaks dow
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