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Apple under pressure over profit

Apple is coming under pressure to keep its reputation as a leading technological innovator after posting its first profit fall in a decade.

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iPhone and iPad sales rise despite Apple profit fall

Apple's first profit slide in a decade came despite an increase in sales of its iPhones and iPads.

The company sold 37.4 million iPhones in the quarter, compared to 35.1 million for the same period a year ago, and 19.5 million iPads compared to 11.8 million.

Tim Cook, Apple's chief executive officer, remained optimistic on the company's future, saying:

We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad.

Our teams are hard at work on some amazing new hardware, software, and services and we are very excited about the products in our pipeline.

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