Apple's revenue rises 16% to $61.1 billion in March quarter
Technology giant Apple has posted a revenue of $61.1 billion in the quarter ended March 31, 2018, an increase of 16% from the year-ago quarter. The company also revealed a net income of $13.82 billion, up from $11.03 billion a year ago. Further, Apple said it is announcing a new $100 billion buyback program and increasing its dividend by 16%.