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Apple just had the most profitable quarter of any company in history

After a rocky day in the markets, Apple computer began their quarterly earnings call and announced historically high numbers. (Listen live here.) Here are a few highlights:

  • Apple sold 34,000 iPhones “every hour, every day of the quarter,” said CEO Tim Cook.

  • The company, like most technology giants, is aggressively chasing growth in China. On the call they reported online revenues in China last quarter were more than that last five years combined. Total revenue grew 70% in China.
  • Total revenue across Apple’s business in 2014 was $199.8 billion.
  • iPads underperformed expectations, selling only 21.4 million units of and expected 22 million.