Apple doubles quarterly profits to £7,2bn

Apple has reported its profits almost doubled in the first three months of the year.

Almost doubling its profits, Apple has sold 35.1 iPhones and 11.8 million iPads in the first three months of the year, as revenues surge to £24.4 billion, hitting £7.2 billion compared to £3.7 billion in the previous quarter.

The company also reported revenue of £24.4 billion, up from £15.4 billion from the previous quarter.

To put its results in perspective, Apple's profits are now more than Google's quarterly revenues of $10.65bn.

The company sold four million Mac computers during the quarter, up seven per cent from a year ago. However iPod sales were down 15 per cent year-on-year to 7.7 million units.

Apple CEO Tim Cook said: “We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter. The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”

Google and Microsoft make Android and Windows Phone respectively, which are rivals to Apple's iOS platform.