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Apple flies to record high after Q3 profit blast



Apple Inc. (AAPL) – Get the report shares rose on an all-time high Friday, firmly trading the $ 400 value for the first time as the tech giant posted third-quarter declining profits in the face of store closures caused by the pandemic and supply chain disruptions.

Apple said earnings for the three months ended June, the group’s third fiscal quarter, rose 25.9% from the same period last year to $ 2.58 a share, well ahead of $ 2.05 a share in the Road Consensus forecast. . The group’s revenue grew 13.4% in a $ 59.7 billion Road Crash, Apple said, with profits in every geographic region and across its product line.




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