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To many surprise, Apple company could not achieve its target in iPhone sales in recent quarter but their revenue have been boosted by the much expensive price tags on iPhones. According to an expert, the firm said it sold 41.3 million iPhones in the three months to the end of June, up just 1% from last year but the average selling price was $724, which is above the $694 target.

The firm said its £999 iPhone X – propelled a year ago – was its most mainstream iPhone model in the quarter and had driven the higher selling costs.

Solid income development of 31% from Apple’s administrations business, which includes the App store and Apple Pay, likewise supported its performance.

Overall the tech giant’s revenue jumped 17% to $53.3bn (£40.6bn).

Shares in the Californian tech giant jumped more than 2% in after hours trading in New York.

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