Apple handily beat Wall Street estimates for earnings and revenue in the March quarter. That, combined with the news that Apple would boost its share buyback plan, caused Apple stock to jump by more than 8% in after hours trading.
In the earnings release and during the earnings call that followed, Apple revealed more than a few jaw-dropping stats about its business.
Apple sold 43.7 million iPhones during the quarter, marking its strongest non-holiday quarter ever.
It sold 16.3 million iPads during the quarter, down from 19.5 million in the same quarter a year earlier.
The iPad has a 95% share of the education market in the U.S., according to a study cited by an Apple exec on the earnings call.
It sold 4.1 million Macs, compared to 3.95 million a year earlier.
Apple now has retail stores in 15 countries. Angela Ahrendts, the Burberry CEO hired last year to take over Apple retail, will join the company next week.
There are now nearly 800 million iTunes accounts, most of which have credit cards attached to them.
iTunes revenue was $2.6 billion for the quarter, a new record.
Apple has made 24 acquisitions in the last 18 months.
The company had $150.6 billion in cash and marketable securities, down slightly from the previous quarter when it had $158.8 billion.