Apple sales boosted by apps and music

Written by on August 4, 2017

Technology giant Apple said newer lines of business such as Apple Pay, the App Store and Apple Music helped to drive growth in its third quarter.

The services unit was what one analyst described as a “shining light”, while sales were robust for Apple’s hardware, including iPhones and iPads.

Quarterly profit rose 12% to $8.7bn (£6.6bn). Revenues grew by 7% year-on-year to $45.4bn.

 

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