Apple posts big quarter after fast sales start for iPhone 12

iPhone sales during the October-December period totalled 65.6 billion dollars (£48.07 billion), a 17% increase from the same time the previous year. Picture Apple/PA

Apple’s delayed launch of its latest iPhones unleashed a seasonal buying frenzy that propelled sales of the 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 on Wednesday.