Apple Sales Surge on iPhone Demand Ahead of Tariff Uncertainty

Apple AAPL 0.39 %increase; green up pointing triangle reported the highest March-quarter revenue it has seen in more than two years, as people moved quickly to buy smartphones and other devices before new U.S. tariffs were announced in April. The company said sales rose 5% to $95 billion, ahead of analyst expectations. Net income for the period was $24.8 billion, up nearly 5% from the January-to-March quarter last year. Apple released the iPhone 16e in the quarter, a lower-end phone that comes with limited artificial-intelligence features, a factor that helped...