Sales of Apple iPhones rose dramatically during the second quarter, helping the company to its best-ever non-Christmas quarterly performance.
Around 3.79 million iPhone handsets were shipped during the three months to March 31st, representing a rise of 123 per cent from the same period last year.
Growth in sales for the touchscreen handsets was driven by the launch of the phone in a number of new territories, as well as the release of the 3G edition.
Peter Oppenheimer, chief financial officer at Apple, said: "We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history.
“Apple's financial condition remains very robust, with almost $29 billion in cash and marketable securities on our balance sheet."
The company’s strong showing comes as the economic downturn has been heavily impacting on rival mobile phone manufacturers.
Nokia and Sony Ericsson recently reported falls in handsets sales of 19 per cent and 35 per cent respectively.
Meanwhile, LG announced a seven per cent decline in unit sales, as cash-strapped consumers became increasingly wary of investing in new mobile phones.