Apple Posts Record Revenue on Strong iPhone, App Sales

Apple Inc. has shaken free of last year’s iPhone slump, posting record revenue and a return to profit growth in the latest quarter behind strong sales of its flagship smartphone as well as apps and AirPods wireless earbuds.

The tech giant reported revenue rose 9% in the December quarter to $91.82 billion, driven by blossoming sales of devices and services connected to the iPhone such as smartwatches and streaming-TV subscriptions. Sales of iPhones, which account for more than half of its revenue, rose 8% to $55.96 billion.

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