Apple shares hit record high on strong iPhone sales
Apple on Tuesday delivered its third-quarter earnings, driving the stock up by 6% to an all-time high of $159.10 (about â¹10,000). The company said iPhone sales rose 1.6% to 41.03 million in the quarter ended July 1. Apple posted a revenue of $45.41 billion which was an increase of 7% year-over-year. The latest iPhone is set to launch in September. 