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Apple Announces Second Quarter Results, Banks Oodles of Cash, Stock Drops
The Company posted quarterly revenue of $95.4 billion, up 5 percent year over year, and quarterly diluted earnings per share of $1.65, up 8 percent year over year.
Service revenue is up (“double-digit growth”), $24 billion in operating cash flow, and a quarterly dividend of $0.26 (up from $0.25).
AAPL currently down more than 2.75%.
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