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📈 Apple’s Revenue Climbs, But Profit Takes a Hit

Apple → reported a 6% rise in revenue for Q4, reaching $94.9 billion, with iPhone sales up 5.5%. However, net income dropped 35%, impacted by a hefty one-time tax charge in Europe.

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Durov˙s Code Apple’s Q4: iPhone Saves the Day, But a Massive Tax Bill Takes a Bite Apple closed its fiscal fourth quarter with a 6% revenue boost to $94.9 billion, led by a 5.5% rise in iPhone sales, while net income fell 35% due to a one-time tax charge.
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