Juicy results: Customers entering the Apple store in New York. Apple’s third quarter revenue soared 17 to US53.3bil from the same period a year earlier on the back of sales of pricier iPhones, online services and wearable devices. — AP
SAN FRANCISCO: Apple said its profit had jumped more than 30% to US$11.5bil in the recently ended quarter, besting market expectations despite selling fewer iPhones than analysts projected.
The news boosted shares in the tech giant in after-hours trading, putting it ever closer to a history-making, trillion-dollar market value, even as China’s Huawei knocked Apple off second spot in a tightening global smartphone market.
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