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Apple takes yet another giant bite out of its competition, making a profit of over 11 billion in the Third Quarter of the year. Up up and away, us shares hit a record high for a fifth day in a row. We tell you whats driving the astonishing growth. Welcome to World Business report. Im sally bundock. Also in the programme well be live in china for the latest on a possible trade war with the us. Lets start with the worlds most valuable company. Apple has published its latest set of results and they show revenue growing to 16. 1 billion for the three months tojuly. That combined with a prediction that it will bring in as much as 52 billion in the next quarter saw shares rise by up to 6 in after hours trade to hit a record high. Apple made a pre tax profit of 11. 3 billion in the three months from april to the end ofjune, a solid rise on the previous year. This year the iphone is ten years old, but its not been performing so well in china, where sales this quarter were flat and total chines

Rex tillersonMissile testsDuke of edinburghNorth koreanWorld business reportBuckingham palaceRoyal marinesOutside appleRecord high11 billion1 billionSally bundockTrade war16 1 billion52 billion2 billion