Apple reports record $81.4 billion quarter despite chip shortages

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Apple reports record $81.4 billion quarter despite chip shortages


Apple is one of several tech companies that have reported positive financial results this week, exceeding Wall Street expectations. The Cupertino company said it made $81.4 billion in the quarter ending in June, which is a 36 percent year-over-year increase and well above the $73.3 billion predicted by analysts.

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