Apple Sells More iPhones Than Ever, Boosting Revenue To New Record Of $78.4 Billion

Apple has reported earnings for the quarter ended December 31, 2016--and the numbers are huge. The iPhone-maker pulled in $78.4 billion in revenue for the period (compared to $75.9 billion last year), which set an all-time record for quarterly revenue. Profit was $17.9 billion, which was down from $18.4 billion during the same period last year.

To give you an idea for how massive Apple is, Electronic Arts this week reported $1.15 billion in revenue and a loss of $1 million for the same quarter.

Helping boost Apple's bottom line during the quarter were iPhone sales, which totaled 78.3 million units. That's an all-time quarterly high, up from 74.8 million during the same quarter last year.

"We're thrilled to report that our holiday quarter results generated Apple's highest quarterly revenue ever, and broke multiple records along the way," Apple CEO Tim Cook said in a statement. "We sold more iPhones than ever before and set all-time revenue records for iPhone, Services, Mac, and Apple Watch. Revenue from Services grew strongly over last year, led by record customer activity on the App Store, and we are very excited about the products in our pipeline."

As you can see in the chart above, iPhone sales grew year-over-year, but iPad sales fell from 16.1 million units to 13 million units. Mac sales improved, but only very slightly, rising from 5.312 million units to 5.374 million units.

Go to GameSpot sister site CNET to see a detailed breakdown of Apple's latest earnings report.