Apple reports record quarterly profit of $24 billion

A 2013 file photo shows people as they walk past the Apple logo at the Apple Store in New York. Apple reported Tuesday that its quarterly profit had soared to a record high of US$18 billion (S$24 billion) on the back of unprecedented iPhone sale
A 2013 file photo shows people as they walk past the Apple logo at the Apple Store in New York. Apple reported Tuesday that its quarterly profit had soared to a record high of US$18 billion (S$24 billion) on the back of unprecedented iPhone sales. -- PHOTO: AFP

SAN FRANCISCO (AFP) - Apple reported Tuesday that its quarterly profit had soared to a record high of US$18 billion (S$24.1 billion) on the back of unprecedented iPhone sales.

The California-based tech giant posted record revenue of US$74.6 billion in the quarter, during which 74.5 million iPhones were sold.