Apple Experiences 3Q 2020 Outcomes: $11.25B Revenue on $59.7B Income, 4-for-1 Inventory Cut up Introduced

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Apple today announced financial results for the third fiscal quarter of 2020, which corresponds to the second calendar quarter of the year. For the quarter, Apple posted revenue of $59.7 billion and net quarterly profit of $11.25 billion, or $2.58 per diluted share, compared to revenue of $53.8 billion and net quarterly profit of $10.0 …

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