Apple has reported a 11% rise in its revenue to $43.6bn during the second quarter (Q2) of 2013, compared to $39.2bn for the same period in the previous year.
Its revenue declined 20% when compared to the $54.51bn the company reported in the first quarter of 2013.
In Q2 2013, the company’s net profit declined to $9.5bn, or $10.09 per diluted share, compared to $11.6bn, or $12.30 per diluted share, it reported for the same quarter last year.
Operating income decreased to $12.5bn for the quarter, compared to $15.3bn for the same period previous year.
Revenue in the Americas increased 7% to $14.05bn in the quarter and revenue in Europe rose 11% to $9.8bn.
iPhones sales increased to 37.4 million units for the quarter, compared to 35.1 million units in the year-ago quarter.
Sales of iPads increased to 19.5 million units during the quarter, compared to 11.8 million units sold in the last year quarter.
The company said it sold 3.95 million Macs in the quarter, compared to 4 million units sold in the year-ago quarter.
Apple CFO Peter Oppenheimer said: "Our cash generation remains very strong, with $12.5 billion in cash flow from operations during the quarter and an ending cash balance of $145 billion."
Apple expects to post revenue in the range of $33.5bn and $35.5bn during third quarter of fiscal 2013.
Earlier this month, it was revealed that Apple is planning to launch its updated iPhone model in summer 2013, which is anticipated to look similar to the current iPhone 5.