Apple reports record revenues

YEREVAN, FEBRUARY 2, ARMENPRESS. Apple has released a record-breaking revenue data.

For the company’s fiscal first quarter of 2018 ended Dec. 30,Applereported revenue of $88.3 billion, up 13% year over year. Net income was $20 billion, with earnings per diluted share of $3.89, up 16% and also an all-time record, Variety reports.

TheiPhone X“surpassed our expectations and has been our top-selling iPhone every week since it shipped in November,” Apple CEO Tim Cook said in announcing the results.