Apple has reported a second consecutive quarter of increased revenue, with the company netting US$52.9 billion during the second fiscal quarter of the current financial year.
Apple sold a record 78.3 million iPhones during the first quarter of fiscal 2017 which ended on 31 December 2016, the company announced on Tuesday, US time.
Apple chief executive Tim Cook will receive 15% less salary and bonuses in 2016 than the previous year, after the company revealed that it had missed its sales target for the year.
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