Apple's profits double in 2nd quarter

By Agence France-Presse

Jul 29, 2021 1:03 am

SILICON VALLEY: Apple said on Tuesday (Wednesday in Manila) its profit in the just-ended quarter nearly doubled as of end June 2021 amid improving consumer spending and a 'growing sense of optimism' as pandemic lockdowns eased.

The California tech giant's profit rose to $21.7 billion on growth in iPhone sales and its increasingly important digital services. Revenue surged 36 percent from a year ago to $81.4 billion, the best ever for the tech titan's fiscal third quarter.

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