Apple set a new iPhone sales record for the quarter ended June 29, shifting an amazing 31 million units (up from 26 million), but the overall picture isn't quite as rosy.

Despite the iPhone record, revenues for the firm were flat and profits were down, partly due to a dip in iPad sales - 14.6 million units compared to 17 million in the same quarter of 2012.

Mac sales also dropped, down from 4 million to 3.8 million.

Apple's profits were $6.9 billion, which sounds impressive, but this is a large decrease over the $8.8 billion in the same period last year.

New iPhones and iPads are expected to be announced later this year.

Source: GamesIndustry