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iPhone Sales Up, But Apple's Profits Are Down | The Rubin Report

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Dave Rubin and the panel discuss Apple's drop in profit despite an increase in iPhone sales.

Despite selling 31.2 million iPhones last quarter, Apple is not doing so well. Apple's profit has fallen 22% in the past quarter, their stock has dropped 40% in the past 10 months, and it's current quarter is expected to under perform wall streets expectations.

Why are Apple's profits are down? Have they lost their "cool" factor?

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