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Wed 22 Jul 2015 12:31 PM

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Apple’s quarterly earnings buoyed by strong iPhone sales

Apple reported a 38 percent surge in third quarter earnings with a profit of $10.7bn compared with $7.74bn a year ago.

Apple’s quarterly earnings buoyed by strong iPhone sales
The tech giant said it sold 61.2 million iPhones in the three months ended 28 March; up 40 percent from the year-earlier period. (Getty Images)
Apple’s quarterly earnings buoyed by strong iPhone sales
Apple posted quarterly revenue of $49.6bn and quarterly net profit of $10.7bn. (Getty Images)
Apple’s quarterly earnings buoyed by strong iPhone sales
At the end of the first quarter of this year, Apple’s cash pile reached $193.5bn; up from $178bn at the end of December. (Getty Images)
Apple’s quarterly earnings buoyed by strong iPhone sales
Today, Apple leads the world in innovation with iPhone, iPad, the Mac and Apple Watch. (Getty Images)
Apple’s quarterly earnings buoyed by strong iPhone sales
The tech giant said it sold 61.2 million iPhones in the three months ended 28 March; up 40 percent from the year-earlier period. (Getty Images)
Apple’s quarterly earnings buoyed by strong iPhone sales
Apple posted quarterly revenue of $49.6bn and quarterly net profit of $10.7bn. (Getty Images)
Apple’s quarterly earnings buoyed by strong iPhone sales
At the end of the first quarter of this year, Apple’s cash pile reached $193.5bn; up from $178bn at the end of December. (Getty Images)
Apple’s quarterly earnings buoyed by strong iPhone sales
Today, Apple leads the world in innovation with iPhone, iPad, the Mac and Apple Watch. (Getty Images)