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Business

Apple Reveals Second Quarterly Loss

US computer manufacturer Apple posted its second quarterly loss in a row, blaming restructuring costs and weak computer sales last December. Apple reported a first quarter loss of $8 million, or two cents a share, compared with a profit of $38 million in the same period last year. The computer maker released its gloomy results late on Wednesday, announcing at the same time further investments despite the current downtown. Only last week, Apple presented a range of new products, including a new 17 inch lightweight laptop.