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Apple Profits Almost Double - iPad 2 Underachieving

Apple's figures announced for the first quarter of 2011 show profits have almost doubled as well as higher than expected iPhone sales.

NET income in the 3 months to March was up 83% on this time last year with the iPhone pulling in a rise of 113% - 18.6 million.  Apple have announced quarterly net profits of $5.99bn almost double that of last year.

Sales figures were not all positive with iPad 2 sales lower than expected and the iPod sales down 17%.

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