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Apple reports $111 billion revenue for first time as iPhones sales surge

Apple reports $111 billion revenue for first time as iPhones sales surge

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.

David
David
FREDERICK
FREDERICK 0 months

Communist Party of China will be happy with that result. And I hear Apple have a steady supply of discount labour in the Xinjiang region.

Indo
Indo 0 months

Made in Chaina !!

svffr
svffr 0 months

Yeah, I'm sure the cheap child labor helped with that.

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