Apple reports 74.78 million iPhones sold, record $18.4 billion profit in Q1 2016

iPhone 6s Rose Gold, iPhone 6 Space Gray

Apple just revealed the results of its fiscal Q1 2016, which is the three-month period that ended on December 26, 2015. Apple says that in that quarter, it sold 74.78 million iPhones, which is up from 74.468 million units sold in Q1 2015. iPad sales fell year-over-year from 21.42 million to 16.12 million and Mac sales fell from 5.52 million to 5.31 million.