Apple has reported a rebound in iPhone sales to lift the tech giant to record revenue in the past quarter. The strong results have eased concerns of slowing growth.
US tech giant Apple has reported stellar earnings for the third quarter and offered a rosy forecast for the holiday shopping season, as long lines were forming at Apple stores for the company's new iPhone X.
New relevations about Apple's tax avoidance strategy are making headlines as the Paradise Papers scandal unfolds further. EU finance ministers are due to discuss the issue during talks in Brussels on Tuesday.
Germany is the biggest loser when it comes to profit transfers to tax havens. But according to international tax expert Gabriel Zucman from UC Berkeley, the eurozone's biggest economy could change this quickly.
Apple has unveiled a new lineup of iPhones with a number of improvements on previous models. A special anniversary edition is even smarter, but its high price tag is bound to put off many customers.
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