(MENAFN- AFP) Apple's quarterly profit soared to a record $18 billion on the back of unprecedented iPhone sales, the tech giant said Tuesday.
The California-based Apple posted record revenue of $74.6 billion in the quarter, during which 74.5 million iPhones were sold.
Apple also set new records in the quarter for sales of Macintosh computers and revenue from digital goods on the shelves of its Apple Store.
About 65 percent of Apple's revenue came from sales outside the United States.
Apple reported profit of $13.1 billion on $57.6 billion in revenue in the same three-month period at the end of 2013.
"We'd like to thank our customers for an incredible quarter which saw demand for Apple products soar to an all-time high," said Apple chief executive Tim Cook.
"The execution by our teams to achieve these results was simply phenomenal."
Apple's board of directors declared a cash dividend of 47 cents per share to be paid on February 12.
Apple shares rose more than five percent to $115.04 in after-market trades that followed release of the earnings figures.
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