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Daily Archives: February 1, 2018

Apple’s cash pile hits $285.1 billion, a record

Getty Images A customer purchases the new iPhone X at an Apple store on November 3, 2017 in Palo Alto, California. Apple's cash reserves hit $285.1 billion in the quarter ending in December, a record, reflecting the company's move to high-priced handsets and new tax regulations. That's compared to $268.9 billion in the prior quarter.…

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Apple sold fewer iPhones than a year ago

Apple's earnings are out and the company said it sold 77.3 million iPhones during the December quarter, Apple's fiscal Q1 2018. Apple revealed the number in its earnings report, which just crossed the wire. Wall Street was looking for 80 million iPhones sold for the quarter, according to a FactSet consensus estimate. A year ago,…

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Zimbabwe opposition leader ‘attacked’

Image copyright Getty Images Image caption Mrs Mujuru was once Mr Mugabe's vice-president, but now campaigns against her former party Former Zimbabwean vice-president Joice Mujuru has been attacked while holding a political rally, her party says. The opposition National People's Party said Mrs Mujuru and several others were assaulted with rocks while campaigning in a…

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Amazon 2017 sales up by nearly a third

Image copyright Getty Images Online retail giant Amazon saw sales jump by nearly a third last year, and said its Alexa digital assistant had "far exceeded" expectations. Full year revenue came in at $177.9bn (£124.6bn), a rise of 31%. Net income - or profit - was $3bn, compared with $2.4bn in 2016. The company's performance…

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Wagner ‘person of interest’ in Wood’s death

Image copyright PA Image caption Police say Robert Wagner was the last person to see his wife, actress Natalie Wood, alive US police investigating the mysterious death of film star Natalie Wood say her husband Robert Wagner is now a person of interest. Investigators in Los Angeles say Wagner has "constantly changed his story", adding…

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