Apple profit flat, shares fall
Photo credit: AP | Apple CEO Tim Cook speaks following an introduction of the new iPhone 5 in San Francisco. (Sept. 12, 2012)
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Apple's profit surge halted in the latest quarter, as a flood of new products like the iPhone 5 meant high start-up costs for new production lines.
Apple Wednesday posted net income for the October-to-December quarter that was flat with the year before. It was the first time in years that Apple didn't post a double-digit earnings increase.
The report also made clear Apple is no longer...
