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Apple profit falls for first time in nearly a decade

AFP Published April 24, 2013
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SAN FRANCISCO, April 23, 2013 - Apple on Tuesday reported that its quarterly profit had dipped for the first time in nearly a decade despite a rise in revenue from the same period a year earlier.

Apple posted a profit of $9.5 billion on revenue of $43.6 billion in the first three months of this year, compared to a profit of $11.6 billion on $39.2 billion in the same quarter in 2012.

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