Apple profit of $13.1 bn sells 51 mn iPhones

Apple profit of $13.1 bn sells 51 mn iPhones Apple said Monday record sales of iPhones drove revenues to new heights in the past quarter, resulting in a profit of $13.1 billion.

The California tech giant said it had record quarterly revenues of $57.6 billion, helped by selling 51 million iPhones. But Apple shares fell on a weaker-than-expected outlook ahead.