figures just moments ago. As expected, led by its first 5G iPhone models, the company saw a huge surge in handset sales from $56 billion to $65.6 billion. The 17% year-over-year increase in iPhone sales resulted in surpassing Wall Street expectations of $59.8 billion. The global pandemic continued to increase demand for the iPad. People continue to work from home using tablets and kids are using the device for remote learning and for entertainment. As a result, iPad revenue for the fiscal first quarter jumped 41% on an annual basis from $5.98 billion to $8.44 billion. Wall Street expected …
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