Apple has revealed it sold 61 million iPhones in the second quarter of its financial year, helping to post revenues of $58bn.
Apple posted profits of $13.6bn (£8.9bn) on this revenue, a 27 percent surge in revenues compared with the same period last year.
Overall the iPhone remains the firm's main money maker, with $40bn of its revenues coming from the phone, an increase of 55 percent on the same period last year as the iPhone 6 and iPhone 6 Plus have proved a huge success.
Apple CEO Tim Cook was understandably upbeat on these figures and said many customers are choosing Apple for the first time "We’re seeing a higher rate of switchers than we’ve experienced in previous iPhone cycles," he said.
"The success of iPhone has been extremely strong in emerging markets, where unit sales were up 63 percent year on year."
By contrast iPad sales are in decline, falling by 23 percent in the quarter. This still adds up to some 12.6 million units sold, however.
Cook acknowledged that this decline was due to the iPhone 6 and iPhone 6 plus eroding the demand for iPads, but said he was not worried about this.
"Have we had cannibalisation? The answer is yes. We’re clearly seeing cannibalisation from iPhone and on the other side, from the Mac," he said on an earnings call.
"And of course, as I’ve said before, we’ve never worried about that. It is what it is. That will play out, and at some point, it will stabilize. I’m not sure precisely when, but I’m pretty confident that it will."
Mac sales were up, though, with 4.5 million sold during the second quarter. This is compared to the 4.1 million it shifted this time last year.
Overall Cook was upbeat on the figures, saying it showed how well its product lines were doing. He also said the firm was excited about the interest in the Apple Watch now it has hit the market.
"It’s been really great to see the reaction of customers since their watches began arriving on Friday morning.
"All around the world, we’ve seen the excitement on social networks as people start using their Apple Watch. The response has been overwhelmingly positive."
The Watch has just started reaching consumers, and is predicted to have an immediate impact on the wearables market and Apple's financials.
The firm is confident enough to predict continued growth into the next quarter and has pencilled in revenues of around $48bn and gross margins of about 30 percent.
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