iPhone 7 helps Apple hit all-time record revenue

San Francisco, Feb 1 – Riding on the success of iPhone 7 and Apple Watch, the Cupertino-based company on Wednesday announced an all-time record revenue of $78.4 billion — with a record quarterly earnings per diluted share of $3.36 — for the first quarter of 2017 that ended on December 31. The results compare to revenue of $75.9 billion and earnings per diluted share of $3.28 in the year-ago quarter. International sales accounted for 64 per cent of the quarter’s revenue, the company said in a statement.