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Apple Hits Four-Year High on Audio Boom

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Apple Hits Four-Year High on Audio Boom

Apple Computer Inc. on Wednesday reported first-quarter results that exceeding the company’s own guidance, showing the highest quarterly revenue in four years. This number was $2 billion, up 36 percent from the year-ago quarter, with a net profit of $63 million, or $0.17 per diluted share. This compares to a net loss of $8 million for the year-ago quarter.

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