"We're happy to report our third consecutive quarter of accelerating growth and an all-time quarterly record for services revenue," Apple chief executive Tim Cook said in a release. Apple has been highlighting the increasing amount of money it brings in selling digital content and services to people using its popular devices. Apple also highlighted that 61 percent of the revenue in the quarter came from outside the United States. Sidestepping Trump talkCook sidestepped a question regarding talk by US President Donald Trump that Apple planned three big new US plants. Moorhead said Apple posted "stellar" gains in product revenue and managed positive results in all regions except China.

Source: The Nation Bangkok August 01, 2017 23:26 UTC