Apple has reported profits of $13.6 billion for the first quarter of 2015 - up a third on the previous year.
It sold 61.1 million iPhones in that period and will return $200 billion to investors through its share-buying programme.
Apple has $195 billion dollars in cash on its books - a record amount.
Laith Khalaf from stockbroker Hargreaves Lansdown says the iPhone is selling well in developing economies.
IN: "Sales in….
OUT: ...consumers."
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