Apple Sells 26.9 Million iPhones in Q3

Apple reported robust demand for its iPhones. The company sold 26.9 million iPhones in Q3, representing 58% unit growth over the year-ago quarter, and up from 20.3 million in the previous June quarter.  

A total of 125 million iPhones have been sold to date.

Another note -- Apple is now holding $121.25 billion in cash.

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