Apple has announced financial results for the first quarter of its 2015 financial year. For the three-month period until 27th December 2014, the company says quarterly revenue reached a new record of $74.6 billion (£49 billion) and quarterly net profit hit a new high of $18 billion (£11.9 billion).
During the announcement, CEO Tim Cook revealed the forthcoming Apple Watch is due to be released in April 2015.
Almost 74.5 million iPhones were sold during the quarter (up 46% year-on-year), although iPad sales were down 18% to 21.4 million.
Mr Cook said “We’d like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high. Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal.”
Figures from eMarketer showed that iPhone owners accounted for 42.3% of all smartphone users in the USA and 30.5% of smartphone users in the UK last year. 51.8% of all US tablet users and 53% of UK tablet owners had an iPad last year, both down slightly from 2013.