Apple reported holiday quarter revenue of $111.44 billion. The company’s earnings per share rose to $1.68 from $1.25. This beat Wall Street expectations, which predicted Apple’s revenue to be $103.28 billion and $1.41 per share. It was propelled by surge in the sales of the new 5G iPhones, especially in China. Sales of iPhones were $65.60 billion. The previous quarterly record was $61.58 billion.