Apple Inc (NASDAQ:AAPL)’s net sales rose 11.2% to $123.9bn, as both Products and Services grew – with the smaller latter division up almost 24%. That was better than the market expected. Despite an 18.2% increase in operating expenses, including $6.3bn spent on Research and Development, operating profit rose to $41.5bn from $33.5bn. Q4 2021 hedge fund letters, conferences and more There was growth in all regions apart from Japan, with Greater China the strongest performer. The Americas – Apple’s biggest market – rose double digits and made up 41.5% of total net sales. iPhones (57.8% of net sal…