Apple sold 51m iPhones in its fiscal first quarter of 2014, setting a record for its smartphone sales, while iPad sales reached 26m, another record for the firm. The California tech giant saw demand for both phones and tablets rise compared to the same three month period a year ago, up from 47.8 iPhones in fiscal Q1 2013 and 22.9m iPads.
Apple had a good quarter for new devices, with the iPhone 5s and 5c hitting the flagship and mid-tier smartphone points. Meanwhile, the iPad mini with Retina display saw Apple's smaller tablet crank up its specs, while the iPad Air trimmed the full-sized version down.
Unsurprisingly, Apple CEO Tim Cook isn't disappointed with the company's performance. The chief exec says he is "really happy" with iPhone and iPad sales, not to mention with how iTunes is growing; quarterly revenue reached $57.6bn with $13.1bn of that net profit.
"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," said Tim Cook, Apple chief executive.
While Apple remains the most valuable and among the most profitable companies, some analysts are concerned it is losing its edge and failing to keep up with rivals in the smartphone and tablet markets.
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