Apple Posts Its Biggest Quarterly Profit Ever
RENEE MONTAGNE, host:
And one of the companies that recently quit the Chamber of Commerce, Apple announced stellar profits yesterday. Apple says it pulled in close to $1.7 billion over the past few months. That's a 47 percent quarterly profit jump, and in this economy.
Not surprisingly, the announcement sent the company's stock soaring to an all time high in after hours trading. Increased sales of laptops and iPhones contributed to the surge in profits. The news comes as the company plans to release the iPhone in China later this month.
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