Apple sold 31 million iPhones in latest quarter

Apple announced financial results for the quarter ended June 29 today, revealing it sold a record 31 million iPhones during the period, compared to 26 million this time last year.

The iPhone was the only winning product for Apple in the quarter. iPad sales hit 14.6 million for the period, down from 17 million this time last year. Meanwhile, Apple sold 3.8 million Macs during the quarter, a decrease from 4 million last year.

Overall, Apple posted quarterly revenue of $35.3 billion and a profit of $6.9 billion. These results compare to the same quarter last year when Apple revenue was $35 billion and profit hit $8.8 billion.

"We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software, and Services," Apple CEO Tim Cook said in a statement.

"We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014."