Apple surpasses $100bn revenue in a quarter record for first time as sales soar
Increased demand over the Christmas period has helped the tech titan post record numbers
Apple has shattered records across its portfolio as it reported revenues of $111.4bn for its first quarter. The figure marks the highest ever reported by the company in a single quarter and is representative of the growth it has seen across the board for the three months ending 26 December 2020. Despite the uncertain openings of retail outlets, iPhone sales grew by 17 per cent year-on-year to $65.6bn, driven by demand for its flagship iPhone 12, according to CEO Tim Cook. Its active install...
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