Record iPhone sales for Apple as quarterly revenues rise to $111bn

Record iPhone sales have helped Apple deliver revenues of more than $100bn over the Christmas quarter.

Apple's results beat Wall Street estimates as demand from stay-at-home consumers also boosted its Mac computers and iPad tablets over the three months to 26 December.

Overall revenues climbed 21% compared with a year earlier to $111.4bn while iPhone sales rose 17% to $65.6bn beating a previous all-time high set three years ago.