During the quarter, the revenue from iPhone sales stood at $29.9 billion, which is a 20 percent gain over the same period previous year.
Apple unit sales rose just 1 per cent from a year ago, which was expected, but the average selling price grew 20 per cent to Dollars 724 per iPhone, up from USD 606 a year ago. Interestingly, there were no specific statements about the Indian market, where Apple has not had a great quarter as per local analysts, except for the comment in the earnings call that it was one of the markets were the Mac had shown double digit growth. Global sales accounted for 60 percent of the quarter's revenue. But with Apple reaping the benefits of higher-priced iPhones - the average selling price of Apple's phones was $724 during the just-completed quarter - it's hard to argue with the company's strategy. That is particularly notable given that unit sales rose less than 1% to 41.3 million during that time.
Pakistan election: Imran Khan will need to form coalition, official results show
Meanwhile the parties defeated in the July 25 elections said they would ally against the "stolen mandate" of Mr Khan. Imran Khan is trying to form a coalition government that would put his Pakistan Tehreek-e-Insaf party in charge.
"We're on target to reach our goal of doubling our fiscal 2016 services revenue by 2020", CEO Tim Cook assured investors on the call. All Cook would say is that Apple "couldn't be more excited by the products and services in our pipeline". Maestri told Reuters that the company's so-called "wearables" business - which includes the Apple Watch and its AirPods headphones, among other items - has generated $10 billion in sales in the past 10 quarters and saw sales increase 60 percent in the most recent quarter.
Propelled by the rise of Apple Music and app subscriptions, services have quickly become a major revenue contributor for the company. During the quarter, Apple settled a long-running patent battle with Samsung. Additionally, the iPad sales momentum will also be able to pick thanks to newer models that will come with a smaller footprint, feature razor bezels, and will come with Face ID support. "We expect the vast majority of Apple's product line-up to be refreshed during the next couple of quarters which should support near-term results". Supply chain leaks suggest the company is preparing to launch a bigger-screen version of the iPhone X as well as a cheaper model. The iPhone X starts at $1,000, helping. The Mac sales were down by 13 percent to 3.7 million units while the revenue declined by 5 percent to $5.3 billion.
California fire: Crews battle flames, hot weather in fight for control
Jeremy Stoke, a fire inspector with the Redding Fire Department, died Thursday night, the Redding firefighters union said. Meanwhile officials said a second firefighter died fighting a huge blaze to the south near Yosemite National Park.
Apple said Tuesday that its profit had jumped more than 30 per cent to US$11.5 billion in the recently ended quarter, besting market expectations despite selling fewer iPhones than analysts projected. Revenue from services grew 31 percent during the June quarter to $9.5 billion.
Apple also reported a 37 percent increase, to $3.7 billion, in the division for miscellaneous hardware, including Apple Watch and the HomePod smart speaker.
Four million in Indian state risk losing citizenship
In 1983, scores of people were killed by machete-armed mobs intent on hounding out Muslim immigrants. Addressing the media, Mamata said, "names of people were removed on the basis of surnames also".
The services business includes things like Apple Music, Apple Pay, and iCloud.