ASX hits new all-time high, Apple beats profit forecasts — as it happened

Australian shares climb to a fresh record as the market bets on a much-awaited rate cut next month. Tech giant Apple beats Wall Street’s expectations with its latest earnings despite falling iPhone sales. Australian shares climb to a fresh record as the market bets on a much-awaited rate cut next month. Tech giant Apple beats Wall Street’s expectations with its latest earnings despite falling iPhone sales. Stock Market, Economy Latest business news