Shares in the world’s most valuable company went up close to 6% in after-hours trading following the news, adding $40bn to Apple’s current value

Apple shares soared to an all time high on Tuesday afternoon after the tech company announced it had sold 41m iPhones in the last three months. Apple also appeared to scotch rumors that the iPhone 8 – the phone that will mark the 10th anniversary of the original model – has been delayed. Profits were up by 11.9%, to $8.72bn.

The news was enough to send shares in the world’s most valuable company up close to 6% in after-hours trading – to $159 a share – adding close to $40bn to the value of the company.

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