AFP
Quick Read
Subscribe to listen
Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Despite weaker China sales, Apple posted record September quarter results. Photo / Getty Images
Apple has reported a profit of US$27.5 billion ($47b) in the recently ended quarter, powered by iPhone and “services” revenue.
The net income, with revenue of US$102.5b, beat market expectations, despite a slight ebbing of revenue in China when compared with the same period a year earlier.
         “Apple is
         very proud to report a September quarter revenue record,” chief executive Tim Cook said in a release on Thursday (US time).
        
Apple shares were up more than 4% in after-hours trade that followed the release of the earnings figures.
– Agence France-Presse
 
				
 
															