In last 3 months earning reports, Apple crushed analyst's estimates of $10.16 per share. In quarterly report this evening, Apple reported a net profit of $13.06 billion, or $13.87 a share.
Apple also forecast results for its fiscal second quarter that were ahead of analyst estimates. It expects revenue of about $32.5 billion and diluted earnings per share of about $8.50.
Apple announced that it sold 37.04 million iPhones and 15.43 million iPad tablets, doubling from a year earlier and easily outpacing already heightened expectations for a strong holiday season.
And it smashed estimates on all its results including gross margin, which came in at 44.7 percent during the quarter.
Apple's sales in the United States were particularly strong, with revenue rising 90 percent in the Americas region. Sales in Europe were up 55 percent even though the region was in the grip of a debt crisis that has hurt consumer confidence.
Apple's results show that if a product is good, consumers are still buying it.
Apple's shares surge almost 8% after hours.