Apple defies Wall St with strong revival in iPhone sales


  • TECH
  • Wednesday, 01 Feb 2017

Popular product: Apple sold 78.29 million iPhones in the fiscal first quarter ended Dec 31, up from 74.78 million the year before.

SAN FRANCISCO: Apple Inc reclaimed the throne as the world's top smartphone seller for the first time in five years on Tuesday, beating out rival Samsung in units shipped for the holiday quarter and boosting revenues with a strong showing for its new, top-of-the-line iPhone 7 Plus.

The iPhone sales numbers, and a profit of almost US$18bil (RM79.7bil), both handily beat Wall Street expectations, sending its shares up 3% in after-hours trading.

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