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Will Apple Buy Disney? | Sramana Mitra

Last week, Apple (Nasdaq: AAPL) announced its third quarter results that were ahead of expectations yet failed to truly impress the market. The company posted its third consecutive quarter of declining sales and expected a similar slowdown to continue in the current quarter. Apple's Financials Apple's third quarter revenues fell 1% to $81.8 billion, significantly ahead of the market's forecast of $81.69 billion. EPS was $1.26, surpassing the Street's forecast of $1.19. By seg...
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