Apple is reporting a profit of almost 12.5 billion euros for the first three months of 2015, on the back of surging iPhone sales. <br /><br /> It is a rise of around a third on the same period last year.<br /><br /> Apple has boosted its revenue by 27 percent compared to the same quarter in 2014. <br /><br /> The technology giant sold more than 61 million iPhones, a hike of 40 percent on a year ago. But iPad sales were down by almost a quarter.<br /><br /> Revenue in China rose 71 percent to 15.46 billion euros, making it Apple’s biggest market behind the Americas.<br /><br /> Apple gave no sales figures for its recently released Apple Watch, but did say the current quarter was off to “an exciting start.”<br /><br /> The most valuable publicly traded US company says its raising its share dividend and boosting its share-buying programme amid the latest financial results.
