
Apple's stock market value closed was buoyed by record sales of big-screen iPhones and a December-quarter profit that was the largest in corporate history.

The company sold 74.5 million iPhones in its fiscal first quarter ended December 27. Revenue rose to $74.6 billion from $57.6 billion a year earlier.

The movie costs $14.99 to buy and $5.99 to rent on iTunes.

Three months after unveiling a partnership with IBM the iPhone maker's plans to challenge sector leaders Hewlett-Packard, Dell, Oracle and SAP are starting to take shape.

Orders for the iPhone 6 and 6 Plus models began in September, helping Apple chalk up a 12.2 per cent jump in revenue in the previous quarter to US $42.12 billion.

"I've got to be honest and say, the only impressive thing was the 5K retina display on the iMac," said Gartner analyst Van Baker, who attended Apple's launch event at its headquarters.

Over five years, MIT's researchers will organise a vast quantity of content from Twitter, Reddit and other online forums and build new communication tools.

Apple iPhone 6 Plus buyers discovered their phones can bend when placed in back pockets and the problem has already been dubbed on social media sites as 'bendgate'.

HealthKit gathers data such as blood pressure and weight from various health apps on Apple devices, and can be viewed by doctors at one place.

Observers say there is little evidence for now that the device's fitness capabilities surpass the competition. Others, hoping for groundbreaking health features.





