On October 20, Apple reported its 2014 fourth quarter financial results. Apple posted a record quarterly revenue of $42.1 billion and net profit of $8.5 billion. Compare this to one year ago, that’s up from revenue of $37.5 billion and net profit of $7.5 billion. Says CEO Tim Cook: “Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus. With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple’s strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015.”

Now let’s break it down by product category. Apple sold 39.3 million iPhones in the quarter (compared to 33.8 million in the year-ago quarter); 12.3 million iPads (compared to 14.1 million); and 5.5 million Macs (compared to 3.8 million). iPod sales continue to decline; Apple reports 2.6 million units sold, down 24 percent from the year-ago quarter.

Looking ahead to the first fiscal quarter of 2015, Apple CFO Luca Maestri expects revenue between $63.5 billion and $66.5 billion.

[Via Apple]