Topic: Reporting Season

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By Terence Huynh on January 22nd, 2009

Apple’s earnings soar past expectations

Apple has said that its first-quarter earnings for this financial year were significantly higher than what analysts have said after a disappointing holiday season for many tech companies because of the economy, recording $10.2 billion in revenue, up from its last year’s result of $9.6 billion. For shareholders, this equals $1.78 per share in earnings, higher than the analysts predicted price of $1.39.

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