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Apple has reported a quarterly profit of $18 billion in what is believed to be the biggest ever made by a public company.
The technology giant said the sales of 74.5 million iPhones in the quarter ending 27th December, and a 70% rise in China sales had helped exceed expectations.
The profit of $18 billion was the biggest ever reported by a public company, worldwide, according to S&P analyst Howard Silverblatt.
Revenue increased from $57.6 billion in the same period last year to $74.6 billion.
Apple shares rose around 5% in after-hours trading following the announcement.
Apple users have taken to Twitter to complain about the new iPhone 6, claiming that a small gap in the device is ripping out their hair.Read the full story ›
An embarrassed Apple has released a new update that the company says will repair the problems caused by software it released earlier, repeating an apology to owners of its newest iPhones affected by the bug.
The tech giant had scrambled to fix the software glitch that left some of its new iPhones unable to make calls, but some analysts say Apple's response to the high-profile gaffe may be more important than the fault itself.
Hours later Apple released a new update, dubbed iOS 8.0.2, which it said would fix the problems caused by the iOS 8.0.1 update that it released on Wednesday.
Apple has said that only nine customers have been in touch to complain about a bent iPhone 6.
A spokesman for the IT giant told CNBC that it had selected "high quality materials" and that the new models have been through rigorous tests.
CNBC editor Jon Fortt tweeted:
Apple: w normal use a bend "extremely rare & through ... 6 days of sale, a total of 9 customers" said they had a bent phone @cnbctech
Apple used rigorous tests throughout iPhone 6 dev cycle: 3-point bending, pressure point cycling, sit, torsion & user studies @cnbctech
Apple has apologised for the rotten experience reported by the buyers of its latest iPhone.
Some people who raced to get the iPhone 6 Plus last week have since complained that the smartphone bends out of shape in their pockets.
Widespread user discontent followed about problems with Apple's upgrade to its new iOS 8 operating system, prompting the company to pull a release that had been issued to fix existing errors.
ITV News Consumer Editor Chris Choi reports on a difficult few days for the tech giant.
Computer giant Apple has apologised after an update of i.O.S.8.1 left some iPhone6 users without service and other problems.
They said: "We apologise for the great inconvenience experienced by users, and are working around the clock to prepare iOS 8.0.2 with a fix for the issue, and will release it as soon as it is ready in the next few days.”
They added that they had a workaround for iPhone 6 and iPhone 6 Plus users which enabled them to restore the phone service and Touch ID functionality after updating to iOS 8.0.1.
They said: "Affected users can reinstall iOS 8 through iTunes. For more information visit http://support.apple.com/kb/HT6487."
Apple pulled iOS 8.01. after users reported problems after downloading the update onto their iPhones.Read the full story ›