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  • Apple on Thursday reported higher profits in the past quarter, with strong gains in sales of wearables, accessories and services amid a global pandemic. Profits rose eight percent to $11.2 billion and revenues were up 11 percent to $59.7 billion in the three months ending June 27. The California tech giant saw a modest increase in iPhone sales, with more significant rise for accessories and services such as its apps and digital content. "In uncertain times, this performance is a testament to the important role our products play in our customers' lives and to Apple's relentless innovation," chief executive Tim Cook said. rl/ft
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  • Apple quarterly profit rise on gains in services, wearables
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