Apple's profit rises 12% to $11.25 bn in June-quarter

Apple has reported a net profit of $11.25 billion in the June-quarter, a 12% increase from $10.04 billion reported in the same quarter last year. The firm also reported revenue of $59.7 billion, an increase of 11% from the year-ago quarter. The quarter saw iPhone sales rise from $25.98 billion to $26.41 billion.