Apple posts highest ever quarterly net income

Apple on Wednesday posted its highest ever quarterly net income of $18.4 billion in the December quarter, a 2.2% jump against the corresponding period last year. Revenue rose around 1.74% to a record $75.9 billion against the year-ago period. Further, Apple sold a record 74.8 million iPhones, marginally higher than the 74.5 million sales in the same period last year.

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