02-08-2017 09:28 via thedrum.com

Apple delivers juicy profits with bumper crop of iPhone sales

Apple regained its mojo over the third quarter after sales of its flagship iPhone comfortably beat analysts’ expectations, lifting its stock price by 6% in the process to an all-time high of $159.10.
Over the period iPhone sales rose 1.6% to reach 41.03m, well ahead of consensus expectations of 40.7m devices – giving the Cupertino based firm the confidence to boost sales forecasts for the fourth quarter to as high as $52bn.
The surprise surge puts Apple in the strongest pos
Read more »