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Article updated: 1/24/2013 2:07 PM

Apple shares plunge as growth appears to stall

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Apple shares plunged Thursday after the company reported quarterly results that point to growth slowing after five blowout years.

ASSOCIATED PRESS

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Apple Inc. tumbled after reporting the slowest profit growth since 2003 and weakest sales increase in 14 quarters, as rising costs and accelerating competition make it harder to sustain revenue expansion.
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