Apple reports £6.1bn profits, but announces stock buybacks as iPad underperforms

Charlee Gothard
clock • 2 min read

More iPhones sold than expected, but company slump continues

Apple has revealed profits of $10.2bn (£6.1bn) for its first quarter of 2014, a period in which it shipped 43.7 million iPhones, up 17 per cent compared to Q1 2013 but down 14 per cent from last qu...

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