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445: Headwinds

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MacQuod Column - Apple's Quarterly Conference Call With Wall Street Analysts

During Apple's hour-long quarterly conference call with Wall Street analysts, the word headwinds was used 11 times. "I think there is truth in the fact that foreign exchange makes their business," says Macquod. The company stopped reporting unit sales a few years ago, and that would allow them to make that clear but now it's all in revenue.

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