Apple Jackpot: Company Reports Highest Quarterly Revenue, Earnings Ever

January 24, 2012 Updated Jan 24, 2012 at 7:22 PM EDT

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Apple Jackpot: Company Reports Highest Quarterly Revenue, Earnings Ever

January 24, 2012 Updated Jan 24, 2012 at 7:22 PM EDT

In a news release issued Tuesday, tech giant Apple reported record revenue and earnings for its fiscal 2012 first quarter.

According to the news release, Apple said it posted record quarterly revenue of $46.33 billion in the 14-week span ending Dec. 31. The company also reported a record quarterly net profit of $13.06 billion, according to the news release.

“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” Apple CEO Tim Cook said in the news release. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

Read the entire Apple news release HERE.