Apple hails "extraordinary" iPhone demand as boss Tim Cook heads out
Apple hails "extraordinary" iPhone demand as boss Tim Cook heads out Just now Share Save Add as preferred on Google Kali Hays Technology reporter Apple has seen demand for its iPhone reach new heights with sales growth...
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An important development from the financial markets: Apple hails "extraordinary" iPhone demand as boss Tim Cook heads out Just now Share Save Add as preferred on Google Kali Hays Technology reporter Apple has seen demand for its iPhone reach new heights with sales growth in China outpacing all other regions. Overall, sales of Apple products grew 17% to $111bn (£81bn) in the first three months of the year, compared to the same quarter a year ago, the company said in financial results released Thursday.
Sales in China were up by 28% compared to a year ago. Tim Cook, Apple's outgoing chief executive , said that recent demand for the iPhone had been "extraordinary," setting a sales record for the quarter.
Despite continued success with the iPhone, sales of Apple's other products, including the Mac computer and wearable devices like the Apple Watch and AirPods, remained relatively flat.
Financial markets are tracking the development closely as investors assess the likely impact.
