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Apple quarterly profit nearly doubles to $21.7 bn

Apple said Tuesday its profit in the just-ended quarter nearly doubled to $21.7 billion on growth in iPhone sales and digital services. Revenue surged 36 percent from a year ago to $81.4 billion, the best ever for the tech titan's fiscal third quarter. "This quarter, our teams built on a period of unmatched innovation by sharing powerful new products with our users, at a time when using technology to connect people everywhere has never been more important,â?ť said chief executive Tim Cook. Cook said an easing of pandemic lockdowns helped boost consumer spending in many parts of the world, with Apple benefitting from that.
Read more on: newsbreak.com