Apple sets record iPhone and iPad sales during Q1 2014
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Apple today released their earnings report for Q1 of 2014, showing unprecedented revenues and sales. Buoyed by record breaking numbers in the iPhone and iPad department, the company reported revenues of $57.6 billion during this past quarter along with $13.1 billion in profits.
Both the iPhone and iPad managed to break their quarterly records by selling over 51 million and 26 million units respectively, pushed by increased interest in the iPhone 5S/5C and the iPad Air. As for total sales, the iPad and iPhone totaled around 75% of the company's gross revenue, while Macs and the company's iTunes services accounted for the bulk of the remainder.
Apple's earnings report also displayed revenues based on regions, with the Americas taking the lions share at over $20 billion. Europe managed to place in second with $13 billion, while the Greater China region added over $8 billion to Apple's coffers.
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