Apple Reports Record High Revenue and Earnings for Q1 FY2020

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Tech giant Apple is starting 2020 off right with its first quarter earnings report of fiscal year 2020. For the period ended December 28, 2019, Apple had revenue of $91.8 billion, an increase of 9% year-over-year and an all-time company record. Sixty-one percent of the quarterly revenue came from international sales. The company also reported net income of $22.2 billion, and diluted earnings per share of $4.99, also company records.

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