Apple Computer, a global technology giant, reported a 6.9% gain Thursday, after the company reported an increase in revenue and profit.
The company reported that revenue rose 10% year over year to $26.4 billion, compared to $25.4bn in 2016.
Apple’s quarterly profit also jumped to $9.9bn from $9bn in the same quarter a year earlier, the company said.
The results came amid a number of recent quantum computing breakthroughs, including a chip that can store data for weeks and billions of transistors that could allow for better, cheaper and more secure quantum computers.
The technology is currently being used in the development of quantum computers, but the technology could eventually lead to the creation of supercomputers.