iPhone 6 lifts Apple to biggest profit of any company in history

Apple beats previous records set by BP and ExxonMobil thanks to surge in demand for the iPhone 6

Apple store, China
(Image credit: ChinaFotoPress/Getty)

The success of the iPhone 6 and a huge rise in sales across China has propelled Apple to the largest quarterly profit of any public company in history.

The company's first quarter profits of $18bn overtook the previous record holder Exxonmobil by more than $2bn, according to Standard and Poor’s. The oil and gas company posted second quarter profits of $15.9bn in 2012.

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