By Poornima Gupta and Edwin Chan SAN FRANCISCO (Reuters) - Investors breathed more easily after Apple Inc turned in a quarterly report card with a pleasant iPhone sales surprise. But the resultant share-price rally may prove short-lived as Wall Street frets about sliding margins and puzzles over a dramatic revenue drop-off in its No. 2 market of China. Without releasing a new product, Apple sold 31.2 million units of the iPhone - its most important device in the fiscal third quarter - or about 20 percent more than analysts had envisioned. ...
via Tech News Headlines - Yahoo! News http://news.yahoo.com/apples-margins-china-sales-shine-off-quarterly-results-030357445.html
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