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Apple profits up 12% on last year

Apple profits up 12% on last year

Apple's profits were up 12% year-on-year in the second quarter, driven by burgeoning smartphone sales in China and Russia.

The Cupertino-based company announced profits of $7.75 billion (£4.5 billion) for the period from March to June.

iPhone 5s and iPhone 5c family (official)

Despite the imminent arrival of a new model, Apple sold 35.2 million iPhones during the quarter - 13% more than last year.

In China, sales of the iPhone rose by 48 per cent. Apple also saw strong growth in Brazil, Russia, India, and South Africa.

On a less upbeat note, iPad sales were down for the second quarter in a row, dropping 9% to 13.3 million.

However, Apple CEO Tim Cook hinted at future products and services from the company that will continue to buoy its performance.

"Our record June quarter revenue was fuelled by strong sales of iPhone and Mac and the continued growth of revenue from the Apple ecosystem, driving our highest EPS growth rate in seven quarters," Cook said in a statement.

"We are incredibly excited about the upcoming releases of iOS 8 and OS X Yosemite, as well as other new products and services that we can't wait to introduce."

Apple is widely expected to announce the iPhone 6 in September. It's set to come in two varieties – a 4.7-inch model, and a 5.5-incher.

Sources say Apple expects record sales from these bigger devices, though reports have also indicated that it's facing manufacturing challenges with the larger handset.

The iPhone 6 could also feature light-up alerts, so you can see what's going on even with your phone face down on a table.

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