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Apple earnings increase after promotion and distance work



Apple Inc. showed the resilience of the tech industry amid the pandemic, reporting better-than-expected growth at 11% quarterly sales from a year earlier as it took advantage of strong demand for home applications and devices and avoided a downturn in the iPhone Business .

The tech giant posted revenue in the third fiscal quarter of $ 59.69 billion, even as a new wave of coronavirus outbreaks across the U.S. caused the company to close stores again. Profit rose about 12% to $ 11.25 billion, or $ 2.58 a share.


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