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>> APPLE INC Latest News

JUL 23, 2013 - Reuters

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Apple's margins, China sales take shine off quarterly results

SAN FRANCISCO (Reuters) - Investors breathed more easily after Apple Inc turned in a quarterly report card with a pleasant iPhone sales surprise. But the resultant share-price rally may prove short-lived as Wall Street frets about sliding margins and puzzles over a dramatic revenue drop-off in its No. 2 market of China.

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