SAN JOSE (United States), Jan 30 (Bernama-dpa) -- Strong demand for the iPhone 17 during the Christmas shopping season helped Apple post a record quarter, German Press Agency (dpa) reported.
The company reported net profit of US$42 billion on Thursday for the quarter that ended on December 27, up just under 16 per cent from a year earlier. Quarterly revenue also rose by around 16 per cent to US$143.8 billion.
The iPhone business jumped 23 per cent year-on-year to a record high of around US$85.3 billion. The company has not disclosed unit sales figures for some time.
According to calculations by market researchers, Apple's iPhone overtook long-time smartphone market leader Samsung in global sales last year.
The figures exceeded analysts' expectations.
Business in China also picked up again after a temporary slump. The share price rose by 2.0 per cent at times in after-hours trading in the United States (US).
-- BERNAMA-dpa
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
