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Apple logs record quarter as revenue in China jumps nearly 60%

Japan sales also hit all-time high with help from iPhone 12 release

Strong demand for the first 5G iPhone propelled Apple's revenue growth in all regions. (Photo by Rie Ishii) 

PALO ALTO, U.S. -- Apple reported its highest quarterly revenue of all time on Wednesday driven by robust sales of its first 5G iPhones, especially in China.

For the three months ended Dec. 26, Apple's total revenue grew 21% on the year to reach $111.4 billion, a quarterly revenue record and the first time the company booked more than $100 billion in revenue in a single quarter.

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