(MENAFN- QNA) Computer giant Apple reported a net income of 8.5 billion dollars, or 1.42 dollar per share, in the fourth quarter, up 12.7% from 7.5 billion dollars a year earlier, the Cupertino, California-based company said Monday.
Revenue rose by 12.4% to 42.1 billion dollars, the company said, citing record iPhone sales.
"Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus," Apple's chief executive Tim Cook said.
The company sold about 39.3 million iPhones in the quarter, including the new iPhone 6 and iPhone 6 Plus introduced in the beginning of September, compared to 33.8 million iPhones sold a year earlier.
Computer sales rose from 4.57 million a year ago to 5.52 million.
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