Apple sold a record-breaking 74.5 million iPhones and 21.4 million iPads in its fiscal first quarter of 2015, the company announced during a Tuesday earnings call.
CEO Tim Cook announced that quarterly earnings hit $18 billion, an all-time record and a 38 percent increase over last year. Total revenue grew 30 percent ($17 billion) in the first quarter to $74.6 billion, another company record.
iPhone sales are up 46 percent, an increase of 23.4 million over last year, which both Cook and Senior Vice President and CFO Luca Maestri attributed to the popularity of the iPhone 6. The iPhone 6 was the most popular iPhone on the market this quarter, Cook said, and about 34,000 iPhones were sold every hour.
Mac also saw 5.5 million units sold, an increase of 14 percent.
“These results are truly remarkable in light of the overall decline in the PC market,” Maestri said.
Meanwhile iPad sales are down 17 percent, compared to 26 million last year.
In total, Apple ended the quarter with $178 billion in cash.
Gross margin was 39.9 percent. Earnings per share are up 48 percent, to $3.06.
“We’re doing well virtually in every quarter of the world,” Cook said.
Besides breaking records, another theme of the announcement was the ways in which Apple is pushing forward, including adding new retail stores in China and looking forward to the launch of AppleWatch and more growth from ApplePay.
Shares of Apple were up 5.6 percent to $115.256.11 in after-hours trading.