Apple revenues skyrocket to $111 billion dollars in the midst of the pandemic

CNI Desk: Apple sales have hit another record, as families loaded up on the firm's latest phones, laptops and gadgets during the Christmas period.

Sales in the last three months of 2020 hit more than $111bn (£81bn) - up 21% from the prior year.

The gains come as the pandemic pushes more activity online, fuelling demand for new technology.

 

Apple now counts more than 1.65 billion active devices globally, including more than 1 billion iPhones.

Apple's gains follow the release of its new iPhone 12 suite of phones, which executives said had convinced a record number of people to switch to the company or upgrade from older models, BBC reported.