Tech giant Apple witnessed its fourth-quarter net profit increase by over 13 percent to USD 8.47 billion after the firm sold more than 39 million iPhone devices, beating its last year’s sales of 33.8 million iPhones for the same period.
Market analysts said that the last month’s launch of the new iPhone 6 and iPhone 6 plus smartphone ranges highly pushed the sales of Apple, especially at a time when the sales of its iPads are slowing down.
Apple’s revenue totaled to USD 42.1 billion for the quarter that ended on September 27. This was higher as compared to the USD 37.5 billion recorded for the same period in 2013.
“There is a staggering demand for the new iPhones, Timothy D. Cook, Apple’s chief executive, was quoted as saying in a report by the New York Times.
“Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus,” Cook said in a statement which was quoted by the BBC News in its report.
The BBC report also cited Cook as saying that he is optimistic about the rise in sales in the holiday season.
According to Reuters, the Cupertino-based company is eyeing its revenue to jump more than USD 63 billion in the December quarter, especially with the release of the new iPhone 6, iPhone 6 Plus, iPad Air 2, and iPad Mini 3 devices.
The revenue of the company recorded in the same quarter last year totaled to USD 57.6 billion, The New York Times said.