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The Guardian - US
The Guardian - US
Technology
Kari Paul

Apple posts better-than-anticipated earnings fueled by iPhone sales

Apple Alphabet Jesse Cohen Meta Tim Cook
cook waves, people in green shirts cheer
Tim Cook waves to the crowd during the launch of the new Apple Store in Delhi this month. Photograph: Kabir Jhangiani/NurPhoto/Shutterstock

Apple posted better-than-anticipated second-quarter earnings on Thursday, boosting hopes of a tentative tech recovery and sending company shares up.

The company reported revenue of $94.84bn in its second-quarter earnings, up from a predicted $92.96bn, and an all-time record in its services division. It also reported a March quarter record for iPhone sales.

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