Apple has announced financial results for the first quarter of its 2014 financial year; the three-month period that ended on 28th December 2013.
Quarterly revenue reached a record $57.6 billion (£34.7 billion) with quarterly net profit of $13.1 billion (£7.9 billion). That’s a 5.7% year-on-year increase in revenue, with profit largely unchanged from the same quarter a year ago.
iPhone sales reached an all-time quarterly record of 51 million units, up from 47.8 million year-on-year, with iPad sales also hitting a new record. The company sold 26 million iPads during the quarter, up from 22.9 million a year ago. Mac sales were up as well, to 4.8 million units.
Tim Cook, Apple’s CEO, said “We are really happy with our record iPhone and iPad sales, the strong performance of our Mac products and the continued growth of iTunes, Software and Services. We love having the most satisfied, loyal and engaged customers, and are continuing to invest heavily in our future to make their experiences with our products and services even better.”