On January 27, Apple reported its 2015 first quarter financial results. Apple posted a record quarterly revenue of $74.6 billion and net profit of $18 billion. Compare this to one year ago, that’s up from revenue of $57.6 billion and net profit of $13.1 billion. Says CEO Tim Cook: “We’d like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high. Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal.”

Now let’s break it down by product category. Apple sold a record 74.5 million iPhones in the quarter (compared to 51 million in the year-ago quarter); 21.4 million iPads (compared to 26 million); and 5.5 million Macs (compared to 4.8 million). iPod sales surely declined as they do every year these days, and the company no longer discloses specifically how many units from this product line are sold.

Up to now, consumers have only privy to a somewhat large release window regarding the highly anticipated Apple Watch. In atypical Apple fashion, Cook narrowed that timeframe down to a specific launch month to eager reporters on an earnings conference call. The Apple Watch, previously pegged for an “early 2015” release, will hit the market in April.

Looking ahead to the second fiscal quarter of 2015, Apple CFO Luca Maestri expects revenue between $52 billion and $55 billion.

Update: APPL stock is soaring following the release of these record results. That’s more than likely because of the unexpectedly high $74.6 billion revenue. At the end of last quarter, CFO Maestri expected revenue between $63.5 billion and $66.5 billion. The company undershot, and the market is currently respecting it for that.

[Via Apple]