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  • Tuesday, January 24, 5:39 PM Mentioned during Apple's FQ1 earnings call: iTunes generated $1.7B in FQ1 revenue, up from FQ4's $1.5B; iPod still has over 70% of MP3 player market; Apple Stores had average revenue of $17.1M/store, up 43% Y/Y. Chinese iPhone demand is "off the charts." Company is "actively discussing uses" for its cash balance. AAPL +7.6% AH. (live blog) (webcast)
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