Apple posts $10.2bn net profit in Q1 FY 2014

RHIAN JONES

Apple has posted its latest quarterly financial results, generating $10.2bn of net profit and $45.6bn of revenues in the first three months of this year. So far today, its share price has soared more than 8% as a result.

43.7m iPhones and 16.4m iPads were sold during the quarter, up 17% and down 15.5% respectively, according to Musically.

The tech giant’s CEO Tim Cook also revealed that Apple now boasts almost 800 million iTunes accounts, most of which are linked ...

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