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Apple announces $42.4 billion in revenue, $7.8 billion profit for Q3 2016

You know, in most businesses, a quarterly profit of $7.8 billion would be considered a good thing. In Apple’s frame of mind, this isn’t that stellar. In today’s Q3 2016 conference call, representatives from Apple cited revenues of $42.4 billion, a profit of $7.8 billion with a margin of 38 percent. Apple CEO Tim Cook […]