Apple reports $29.6 billion profit in first quarter

Apple has announced record-breaking demand for its new iPhone 17 smartphones. In the last quarter, the company's revenue reached 111.2 billion dollars, and its net profit was 29.6 billion dollars. This was reported by Ixbt.com xabar.
CEO Tim Cook noted that the results for the quarter ending in March were the best in the company's history. According to him, iPhone sales grew by double digits in all countries.
Additionally, the services division also reached its all-time high. These financial achievements were announced on the eve of a leadership transition.
In September of this year, 50-year-old John Ternus will assume the position of Apple CEO. Tim Cook will step down at the end of the year and continue his tenure as Executive Chairman of the Board of Directors.
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