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Article: Business Briefing.(Business)
- Article from:
- Rocky Mountain News (Denver, CO)
- Article date:
- April 24, 2008
CopyrightCOPYRIGHT 2008 Rocky Mountain News. All rights reserved. Reproduced with the permission of Thomson Scientific by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Rocky staff and wire reports
NATIONAL
Apple's 2nd-quarter profit soars 36%
Apple Inc.'s fiscal second-quarter profit jumped 36 percent on blistering sales of Macintosh computers - and beat Wall Street estimates - but its stock dipped on a lower-than-expected profit forecast.
The Cupertino-based company earned $1.05 billion, or $1.16 per share, in its second quarter, which ended March 29. That's 9 cents per share better than what analysts surveyed by Thomson Financial were expecting on average.
During the same period last year, Apple earned $770 million, or 87 cents per share.
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