Here's a consolation prize: Apple again edged out Exxon Mobil (XOM, Fortune 500) in the tight race to be the stock market's most valuable company in the world.
Apple said it sold more than 17 million iPhones in the past quarter, falling short of the previous two quarters' sales figures, as some consumers held out in anticipation of the new iPhone 4S. That's still impressive, however, considering the iPhone 4 had already been on sale for more than a year during the past quarter. Apple said Monday that it had already sold 4 million iPhone 4S devices in the first weekend of sales.
Only 17 million in the last quarter. x $300? average each plus all the revenue that comes from the hardware, that ain't chump change.
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