Apple CEO Tim Cook will step down later this year, taking a position atop the board of directors

Apple CEO Tim Cook will step down later this year, taking a position atop the board of directors

Apple said Thursday it had its best-ever start to the year when it came to earnings, with iPhone demand and digital service sales helping it beat expectations.

The pioneering Silicon Valley company reported profit of $29.6 billion on revenue of $111.2 billion in the recently ended quarter.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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