Apple posts record Jun qtr revenue of $109.4B

Tech giant Apple has posted record June quarter revenue of $109.4 billion, up 16% on a year-on-year basis, supported by double-digit growth in most emerging markets including India, but flagged business risks in the next few quarters due to rising memory chip prices and supply constraints, according to a top company official. While the Americas continues to be the biggest contributor in Apple's revenue, the company recorded the highest growth rate of 22.42% in Greater China, followed by Europe 2