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| Economy |
| Apple breaks record for biggest ever company profit despite iPhone sales fall |
| 2018-02-02 |
| [The Telegraph] Apple has posted the biggest quarterly profit of all time despite a fall in iPhone sales. The world's biggest company posted profits of $20.1bn (£14bn) in the crucial final three months of the year, breaking its own record set two years ago. It came after the release of the £999 iPhone X in November, the biggest update of the handset to date, as well as the release of the iPhone 8 in September. Although Apple sold 77m iPhones in the three month period, a 1pc fall from last year, the higher price of the new handsets meant revenues from selling iPhones increased. "iPhone X surpassed our expectations and has been our top selling iPhone every week since it shipped in November," Cook said. |
| Posted by:Besoeker |
| #1 Sales are off 1% overall. Base price of the flagship model is up 20%. Do the math. |
| Posted by: Iblis 2018-02-02 11:24 |