Apple breaks another record sales, shares go up 3%

Apple is back to growth after a strong demand for the iPhone 7 helped the company post record numbers in the holiday quarter. Sales of the new smartphone sent total iPhone shipments 5% up to a record during the October-December period. Phones are 2/3 of Apple's sales and they boosted company's revenue 3% to record $78.4 billion. App Store also marked a raise - revenue was $7.2 billion, which is more than many tech companies at all. Wall Street Journal reminds that the store had nearly three times more sales than Netflix. After announcing the official results, shares rose 3% to more...

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