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Apple Inc stunned Wall Street by reporting results that missed expectations for the first time in years, blaming rumors of the new iPhone for hurting demand in the September quarter.
The electronics maker reports $1.21 billion in net income, or $1.33 a share, on $8.16 billion in sales that include 11 million iPods, up 3% from the year-ago period, and 3.79 million iPhones, up 123%.