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Tuesday, January 18, 2011

Apple posts record revenue, earnings for Q1 2011

Apple posts record revenue, earnings for Q1 2011: Apple follows news of Steve Jobs' medical leave with its best quarter in company history, with profits spiking 78 percent from a year ago.


"We're very heavy with product pipeline. The team here has an unparalleled depth and breadth with talent and a culture of innovation that Steve has driven in the company," said Cook. "Excellence has become a habit. We feel very confident in the future of the company."