Apple reports highest quarterly revenue in history at $78.4bn

Apple announced financial results for its fiscal 2017 first quarter ended December 31, 2016, posting what CFO Luca Maestri called the highest quarterly revenue in Apple’s history with $78.4bn – as well as all-time record quarterly earnings per diluted share of $3.36.
These results compare to revenue of $75.9bn and earnings per diluted share of $3.28 in the year-ago quarter.
On the earnings call, CEO Tim Cook said Apple also saw all-time unit records for the iPhone and Apple Watc