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Apple profit ebbs as iPhone sales under pressure

In this photo illustration icons are being displayed on a mobile phone in front of the Apple logo displayed on a computer screen in Ankara, Turkiye on April 25, 2024. Ismail Kaplan / Anadolu (Photo by Ismail Kaplan / ANADOLU / Anadolu via AFP)

Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.

The iPhone maker reported a profit of $23.6

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Apple profit ebbs as iPhone sales under pressure