Apple just reported the largest quarterly profit in history
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The quarter topped the previous record of $18 billion set by Apple last holiday quarter. Before that, the record quarterly profit was $15.9 billion, set by ExxonMobil in 2012.
Wall Street is upset that the iPhone maker missed expectations in revenue and sales, and shares are flat in immediate trading.
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But the massive amount of money Apple made shows that while the company may be struggling with growth, it's still an insanely profitable enterprise.
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