Apple clocks $94 billion revenue, CEO Tim Cook credits India and China for iPhone boom
Apple is being forced to spend because of US President Donald Trump’s tariffs but it hasn’t stopped the Cupertino- based company from reporting its fastest quarterly revenue growth in more than three years: $94 billion, up 10 per cent year-on-year. iPhone sales surged 13 per cent from a year ago to $44.6 billion.
Company CEO Tim Cook, while posting the blockbuster fiscal third quarter earnings buoyed by success in countries such as China and India, said: “For the June quarter, we incurred approximately $800 million of tariff-related costs.
