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Apple's Record Q3

APPLE’S PIECE OF THE PIE: The rich get richer. Apple announced record-shattering Q3 fiscal results for the period ending June 25, posting revenue of $28.57 billion and net profit of $7.31 billion. These figures compare to revenue of $15.70 billion and net quarterly profit of $3.25 billion in the year-ago quarter. Gross margin was 41.7% compared to 39.1%, while international sales accounted for 62% of the quarter’s revenue. Apple sold 20.34 million iPhones in the quarter, representing 142% growth over the year-ago quarter, as well as 9.25 million iPads, a 183% increase. Steve Jobs and company sold 3.95 million Macs during the quarter, a 14% rise, along with 7.54 million iPods, the only product category to show a decline, off 20%. (7/19p)

NEAR TRUTHS:
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I.B. Bad handicaps the Vegas Grammys. (1/18a)
ON THE COVER:
THE LUMINEERS
The downside of BRIGHTSIDE for Wes and Jer (1/18a)
HITS LIST MAKES
THE PLAYOFFS
A bunch of All-Pros takes the field. (1/18a)
COACHELLA LINEUP: HARRY, YE, BILLIE AND THE WHOLE THING
The poster has been printed. (1/13a)
UTA: A YEAR OF MOMENTUM
Agency reshuffles the deck. (1/18a)
I DON'T WANNA WORK
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I HAVE A HANGOVER
I like to call it "2021."
I DON'T WANNA HAVE A MEETING
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I MISS CHRISTMAS
When's the next holiday that involves eggnog?
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