Apple has released their Q1 2013 earnings reporting quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion.

Apple sold a record 47.8 million iPhones in the quarter (compared to 37 million in the year-ago quarter) a record 22.9 million iPads during the quarter (compared to 15.4 million in the year-ago quarter) and 12.7 million iPods in the quarter (compared to 15.4 million in the year-ago quarter).

"We're thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter," said Tim Cook, Apple’s CEO. "We're very confident in our product pipeline as we continue to focus on innovation and making the best products in the world."

"We're pleased to have generated over $23 billion in cash flow from operations during the quarter," said Peter Oppenheimer, Apple's CFO. "We established new all-time quarterly records for iPhone and iPad sales, significantly broadened our ecosystem, and generated Apple’s highest quarterly revenue ever."

Impressive quarter from Apple!

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