Apple boosted by selling more expensive iPhonesApple sold fewer iPhones than expected in its most recent quarter but higher selling prices meant the tech giant still beat Wall Street forecasts. The firm said it sold 41.3 million iPhones in the three months to the end of June, up just 1% from last year. But the average iPhone selling price hit $724, well above the expected $694. Strong revenue growth of 31% from Apple's services business, which includes the App store, Apple Music and Apple Pay, also boosted its performance. The gains brought Apple, already the world's most valuable company, one step closer to a market value of $1 trillion.

Source: VietNamNet News August 01, 2018 02:48 UTC