Apr 22nd, 2009 - Los Angeles Times
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SEATTLE -- Strong sales of the iPhone helped Apple Inc. lift its quarterly profit 15 percent, well ahead of Wall Street's expectations Wednesday despite the global economic downturn.
For the three months ended March 28, Apple's fiscal second-quarter earnings rose to $1.21 billion, $1.33 per share. In the same period last year Apple earned $1.05 billion, or $1.16 per share.
Analysts surveyed by Thomson Reuters had forecast a per-share profit of $1.09.
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