Apple said sales for its fiscal third quarter ended June 27 were up 16.4% to $109.42 billion, compared with analyst estimates of a 15.5% rise to $108.65 billion, according to LSEG data, and Apple's own forecast of 14% to 17% sales growth.

July 29 : Apple's decision to hold iPhone prices steady is set to power its strongest June-quarter sales growth in five years, but investors will want to know how long it can…

Apple reports its June-quarter results on 30 July, and Counterpoint Research expects iPhone revenue to cross $50 billion for the first time in a June quarter. Holding iPhone…