Apple reports record iPhone sales in Q3, iPad sales under expectations

Apple’s latest earnings report has revealed continually strong sales numbers for iPhone, while iPad sales came up short of expectations. Apple reported quarterly revenue of $35.3 billion with $6.9 billion in net profit. This is in keeping with the company’s $35 billion in net revenue and $8.8 billion in net profit in the year-ago quarter.

31.2 million iPhones were sold in the quarter ending June 29. This is a record for the June quarter, and marks a 5 million unit increase over the year-ago quarter figure of 26 million sold.

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