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Apple reports profit boost amid iPhone growth
Apple achieved strong profits during its fiscal third quarter, with iPhone sales increasing by 22%, leading to a net profit of approximately $29.79 billion, compared to $24.43 billion in the same period last year. The company's revenue reached $109.42 billion, surpassing Wall Street expectations, with excellent results in the hardware and services sectors, despite pressures in the chip and memory markets due to a global supply crisis. Apple also launched new artificial intelligence technologies and is addressing challenges related to rising prices for some products due to the crisis, with growth continuing despite economic difficulties.
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