Apple beat analyst expectations and posted record sales over Christmas.
Revenues jumped 11% compared to the same period last year to a record of $123.9bn. This is higher than the expectations of $118.7bn.
“Despite the uncertainty of the world, there is one thing of which I am certain: Apple will continue to improve every day and in every way to deliver on the promise of technology at its best,” said CEO Tim Cook.
Record profits were put down to the huge sales of iPhones in late 2021 and the new products launched in Autumn.
Luca Maestri, Apple’s CFO, said: “The very strong customer response to our recent launch of new products and services drove double-digit growth in revenue and earnings, and helped set an all-time high for our installed base of active devices.”