Business • Economy

Apple reports record revenue of $111.4 billion

Apple has reported a 21% increase in revenue year over year counting a record revenue of $111.4 billion.

Luca Maestri, Apple’s CFO, has stated that "Our December quarter business performance was fueled by double-digit growth in each product category, which drove all-time revenue records in each of our geographic segments and an all-time high for our installed base of active devices,"

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