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Channel: news feed News on July 24, 2014 at 3:50 PM
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Apple profit hits record; $7.7 billion in quarter

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San Francisco Chronicle - The earnings were a mixed bag for investors, with at least one analyst wondering how the company will fare in the second half of the year, including the crucial back-to-school and holiday shopping seasons, with no new iPhone models or the rumored "iWatch" yet. Apple beat analyst expectations for profit, but missed on revenue. On Tuesday, Apple received approval for a patent on an electronic watch - a device that company fanboys have been buzzing about for months. According to the patent application, the watch could get a notification if users have "an incoming phone call, a text message, a social network post or a news feed" directed to their cell phone.

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