Apple’s Q1 2014 financial results are in, sets new quarterly records

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Apple have reported their financial results for the first quarter of 2014 and the news is rather impressive. The company has set a new quarterly revenue total of $57.6 billion, with $13.1 billion of that making up their net profit for the period. Q1 2013 had the same net profit total but revenue was a little lower, coming in at $54.5 billion.

As usual, Apple has given some numbers related to sales and they’ve hit a few milestones there as well. Sales of the iPhone reached 51 million compared to 47.8 million this time last year, sales of the iPad were up from 22.9 million in Q1 2013 to 26 million in the reported quarter and Apple’s Mac sales also saw a slight bump. The company shifted 4.8 million Macs over the current period.

Apple CEO Time Cook said in a statement “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.”

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