Apple Revenues Up 12% After iPhone Launch

Apple has posted a 12% jump in revenue - exceeding expectations following its best ever iPhone launch.

Sales of the smartphone hit 39.27 million in the quarter ending in September, up 16% on last year.

This surpassed the roughly 38 million some on Wall Street had expected, and excluded sales in China, its largest market outside of the United States.

The new iPhone 6 and 6 Plus models went on sale last month and have already surpassed the previous-generation model in volumes, according to chief financial officer Luca Maestri.

This helped Apple record sales of $42.12bn (£25bn) and profits of $8.5bn (£5.2bn).

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1. Gallery: The Man Who Took Over From Steve Jobs

   Tim Cook, pictured here with Steve Jobs in August 2007, was born in 1960 in Alabama. He grew up in Robertsdale, finishing second in his year at the local high school

2. He has two degrees, the first in industrial engineering from Auburn Uni. He later received an MBA from Duke Uni in 1988

3. Cook was a part of the so-called Computer Revolution. He worked at computer giant IBM for 12 years, before moving to Intelligent Electronics in 1994

4. Cook gained a reputation as an excellent operations executive, next taking his skills to Compaq

5. He struck up a rapport with Steve Jobs immediately, joining Apple in 1998 when it was barely afloat

6. Within a year, he had helped Apple to swing to profit in 1998, later managing the resurgent Mac division

7. Promoted to Apple's No 2 spot in 2005, he ran the company as chief operations officer during Mr Jobs' medical leave

8. Widely liked, he is a dedicated supporter of Auburn Tigers football team and a keen sportsman

"Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus," Tim Cook, Apple's CEO, said.

"With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple's strongest product lineup ever."

However, the iPad continued to struggle amid a general decline in tablet sales.

Video: Sept: Complaints Of Bendy iPhone 6

The device slid more than 13% to 12.3 million units.

Apple hopes its recent alliance with IBM will help drive more tablet and phone sales to corporate customers.

Shares in Apple were roughly flat at about $100 (£62) in after-hours trade.

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1. Gallery: Apple Unveils New iPads

   Apple has launched its new iPad Air 2 and iPad Mini 3 just hours after their details were apparently leaked by mistake on the technology giant's website

2. The devices feature Touch ID fingerprint sensors and a camera 'burst mode'

3. Burst mode lets a user take multiple shots within a split second of each other on the Air model

4. Extra features complement the boosted processor power and better camera optics which come with each new iDevice iteration

5. Apple CEO Tim Cook claims there are now 675,000 apps available for the iPad

6. Apple has also confirmed that its desktop computer, the Mac, is also receiving an update to mark its 30th birthday

7. Tim Cook says the upgrades make it Apple's "strongest ever line up"

Video: Sept: Supersize iPhone 6 And Watch

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