Apple posts record profit despite selling fewer iPhones
It sold 77.3 million iPhones, far lower than analyst expectations of 80 to 83 million, but reported US$20 billion in profit
Add BT as a preferred source
Washington
APPLE on Thursday said it sold fewer iPhones in the most recent quarter than a year earlier, a surprise slip during a critical period for the tech giant when it began selling the highly-anticipated iPhone X.
In spite of the decline in phone sales, Apple reported record profit in the all-important holiday quarter.
TRENDING NOW
Analysts raise DBS targets to as high as S$81 after record Q2 net profit
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
Malaysia’s Tabung Haji reckoning: The billions lost, the rescue and what comes next
