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Apple defies economic crunch

Posted: 23 Jan 2009  Print Version  Bookmark and Share Subscribe

Keywords: Apple sales  economic crisis  iPod revenue 

[Summary of tips] Despite the economic recession, Apple Inc. posted a six percent sales increase in its latest quarter and record sale for its iPods. The company posted strong profits, in part buoyed by the fact prices for components such as DRAMs, LCDs and NAND flash dropped nearly to variable cost, said chief operating officer Tim Cook.Apple r......
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