Apple credits ‘most popular’ ever iPhone for booming sales
Smartphone maker increased revenue nearly 17% as iPhone sales rise by a fifth
Smartphone maker increased revenue nearly 17% as iPhone sales rise by a fifth

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

Strong holiday season and boost from China drive 23% increase in smartphone revenue

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

Share price muted despite surge in iPhone sales driving record revenue

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

Tech giant’s high-margin unit has doubled in size over the past five years