Apple’s blockbuster iPhone sales power record $144bn quarter
Strong holiday season and boost from China drive 23% increase in smartphone revenue
Strong holiday season and boost from China drive 23% increase in smartphone revenue

Tech giant reports record annual profits as smartphone sales and services income pick up

Smartphone maker increased revenue nearly 17% as iPhone sales rise by a fifth

Extended wait times and generous trade-in deals signal surging demand for newly redesigned device

iPhone maker’s share price is up 28% over the past six months

Share price muted despite surge in iPhone sales driving record revenue

US regulator issues warning to iPhone maker about its News platform following controversy over Super Bowl half-time show