Apple has recorded its first quarterly revenue gain in more than a year as mixed financial results pose questions for company chiefs.

Sales of $119.6b (£93.83b) were recorded in first quarter of the year, rising 2% from the same period last year, as a new iPhone model boosted the company.

But the tech giant saw significant losses in China, its third biggest market, dropping from $23.9b (£18.75b) to $20.8b (£16.32b).

iPad sales dropped massively too, from $9b (£7.06b) to $7b (£5.49b).

Apple will be hoping its new headset, the Vision Pro, can boost total growth further when it goes on sale today (Friday).

It's the first new product line the company has launched in nearly a decade, the last being the Apple Watch in 2015.

FTSE100

The UK's flagship share index, the FTSE 100, was up 26-points at 7,648 shortly after opening this morning.

Brent crude oil futures was up 0.48% today, trading at $79.08 a barrel.

Companies reporting today

  • Chevron - Full-year results

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