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Profits decline due to rivalry in smartphone and tablet markets, but company's cash reserves burgeon to nearly $145bn.
Apple shares drop 10 percent after quarterly results point to slowing growth for the first time in five years.
Results significantly beat Wall Street estimates after a jump in iPhone sales, particularly in the greater China region.
Electronics giant reports $6bn in quarterly profits, repairing much of the hit taken when CEO announced medical leave.
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Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
 
 
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