Tuesday, 28 April 2015 - 12:55
Apple to return more cash to investors as profits soar
Technology giant Apple sold 61.1 million iPhones in the first three months of 2015, driving profit up 33% from a year earlier.
The firm reported a 13.6 billion dollars profit, with revenue up 27% to 58 billion dollars.
Sales in greater China leapt 71% to 16.8 billion dollars, outpacing those in the US for the first time, and helping to drive the sharp profit rise.
Apple also said it would ramp up its share-buying programme, returning 200 billion dollars to investors, up from 130 billion dollars.