Apple reported record revenue of $143.8 billion in Q1, up 16% YoY, with EPS of $2.84, a 19% increase. iPhone sales were “staggering” with record demand globally. China saw a turnaround, becoming the best iPhone quarter ever. The company’s gross profit margin rose to 48.1% due to higher-priced models.

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Read more at Nasdaq: Apple Reports “Staggering” iPhone Demand Amid Record Quarter