Apple reports sharp profit rise

Apple has reported a sharp rise in its quarterly profit, lifted by robust sales of its iPhones and a jump in revenue from China. The California tech giant said on Monday profit rose 33 per cent from a year ago to US$13.6 billion (A$17.31 billion), lifted by sales of 61 million iPhones in the first three months of the year. Revenue increased 27 per cent from the same period a year ago to US$58.01 billion, Apple said. A major contributor was the expansion of iPhone sales in China. Revenue for R

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