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IPhone 6 boosts Apple earnings

20 Oct, 2014

Demand for the iPhone 6 boosts earnings to $1.42 a share on revenue of $42.1 billion. That compares to a consensus estimate of analysts surveyed by Thomson Reuters of $1.31 a share and $39.88 billion. Cook:

[We] are heading into the holidays with Apple’s strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015.

Apple sold 39.3 million iPhones, generating about $23.68 billion in revenue, up 21% from a year ago. IPad sales declined 14% to $5.32 billion, with about 12.32 units sold.

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