Apple crushes June quarter earnings records

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Apple announced Tuesday a new overall June quarter revenue record of $81.4 billion, a 36% year-over-year increase compared to $59.6 billion a year ago. The company posted a quarterly net profit of $21.7 billion, or $1.30 per diluted share, versus a profit of $11.2 billion, or 65 cents per diluted share, a year ago.

“This quarter saw a growing sense of optimism for consumers in the United States and around the world, driving renewed hope for a better future and for all that innovation can make possible,” Apple CEO Tim Cook told analysts on the company’s earnings call Tuesday. 

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Apple chief financial officer Luca Maestri emphasized that the tech giant saw new revenue records in each of its geographic segments, double-digit growth in each of its product categories, and a new…

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