[Newsmaker] iPhone sales propel rise in Apple’s profits
World BusinessOct 28, 2015
Apple said Tuesday that surging iPhone sales helped propel a sharp rise in quarterly profits, as the tech giant delivered a record 48 million of the smartphones. Profits rose 31 percent to $11.1 billion, while revenues jumped 22 percent from a year ago to $51.5 billion, Apple said. The California tech giant, which in September unveiled revamped versions of the iPhone, said the number of units s...