Apple posts big quarter on fast sales start for iPhone 12
Apple’s delayed launch of its latest iPhones unleashed a holiday buying frenzy that propelled sales of the trendsetting company’s most popular product to its fastest start in yearsBy MICHAEL LIEDTKE AP Technology WriterJanuary 27, 2021, 10:04 PM• 3 min readSAN RAMON, Calif. -- Apple’s delayed launch of its latest iPhones unleashed a holiday buying frenzy that propelled sales of the trendsetting company’s most popular product to its fastest start in years.The apparently pent-up demand for four different iPhone 12 models highlighted Apple’s latest quarterly report Wednesday.Apple’s iPhone sales during the October-December period totaled $ 65.6 billion, a 17% increase from the same time in the previous year.Part of the gain reflected pandemic-driven production problems that pushed back the r