471: A Technological 23rd Century Star Trek Thing
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Apple's Revenue and Earnings for the Quarter
How do you go from 1% down on revenue but 1% up on profit year over year? The answer is, well, there's two answers. One is very favorable conditions for profit margin. Services is a huge component and they are incredibly profitable. But the other thing that they pointed out is they cut costs. And this is the, we didn't hire people. We did attrition and we closed.
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