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Video: Apple sets £11.9 billion quarterly profit record


Technology giant Apple has smashed the global record for quarterly profits after racking up a surplus of 18 billion US dollars (£11.9 billion). The figure for the final quarter of last year is the highest ever recorded by a public company, beating the previous record set by ExxonMobil in 2012. The landmark performance followed the sale of a record 74.5 million iPhones, which drove the company's revenues up by 30% to 74.6 billion US dollars (£49.2 billion).

 

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