Apple delivers record profit, seeks to allay iPhone X fears


  • TECH
  • Friday, 02 Feb 2018

An Apple Inc. iPhone X smartphone is displayed during the sales launch at a store in San Francisco, California, U.S., on Friday, Nov. 3, 2017. The $1,000 price tag on Apple Inc.'s new iPhone X didn't deter throngs of enthusiasts around the world who waited -- sometimes overnight -- in long lines with no guarantee they would walk out of the store with one of the coveted devices. Photographer: Michael Short/Bloomberg

SAN FRANCISCO: Apple said its earnings in the final three months of last year set new records, with sales of its flagship iPhone X topping its expectations. 

The California-based technology giant reported that profit climbed to US$20bil (RM77.77bil) on revenue that increased 13% to US$88.3bil (RM343.35bil) during the period. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Yellen to tout broadband investments in trip to rural Virginia
Russian consortium announces terms for $5.2 billion Yandex cash and share deal
GameStop jumps after 'Roaring Kitty' returns following three-year hiatus
Intel nears $11 billion deal with Apollo for Ireland facility, WSJ reports
Amazon’s Zoox probed by US after two crashes in autonomous SUVs
TV upfront presentations clouded by digital video ad supremacy
Illness took away her voice. AI created a replica she carries in her phone
EU says Booking.com must comply with strict tech rules, investigates X
OpenAI to announce ChatGPT product improvements Monday
The latest Matter protocol update should help users manage energy use

Others Also Read