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Apple Earnings Wow Wall Street

Description:Apple easily beating earnings expectations for the holiday quarter. The iPhone maker says customer demand was "off the charts." Total sales in the Americas were up 90 percent year over year; in Europe up 55 percent. Yahoo earnings were in line with forecasts, but revenues and profits slipped. Also, IMF warns euro zone crisis is escalating and Wall Street drifts mostly lower as Federal Reserve announcement awaited. (1:53)

Source: Reuters

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