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Apple Reports Record-Breaking Q4 Profits of $13.06bn

Apple reported record-breaking net profits for the three months to 31 December 2011 of $13.06bn (£8.36bn).

This figure is up 118% from the same period in 2010.

The company also sold 37 million iPhones, more than twice as many as it sold in the last quarter of 2010.

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