Apple reported solid revenue growth in the past quarter as the tech group offered a bullish outlook on how new artificial intelligence features would drive an uptick in hardware sales into the holiday season.
The iPhone-maker’s revenue rose 6 per cent from a year ago to $94.9bn for the quarter to September 28, slightly above consensus estimates of $94.4bn.
Diluted earnings per share were $0.97, after the company took a one-time $10.2bn tax charge in connection with an EU ruling earlier this year. Net income was $14.7bn, compared to the $24.3bn estimated by analysts absent the charge.
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