Apple has reported quarterly revenue of $59.7 billion, up 11% over last year, a new June quarter record with a net profit of $11.25 billion, up 18% YoY and earnings per diluted share of $2.58 for the financial year Q3 2020 that ended June 27, 2020. During earnings call Tim Cook said that both products and services set June quarter records and grew double-digits and revenue grew in each of our geographic segments, reflecting the broad base of this success. Continue reading “Apple reports $11.25 billion profit in FY Q3 2020, confirms iPhone 12 will be delayed”