Apple revenue rises to $52.9 billion in second quarter
Technology giant Apple saw a revenue of $52.9 billion for the second quarter ended April 1, 2017, posting a 4.54% rise from the year-ago period. However, iPhone sales dipped due to unconfirmed "reports about future iPhones", Chief Executive Officer Tim Cook stated. Notably, Apple's cash holdings have risen to a record $256.8 billion. 