AKIPRESS.COM - Apple Inc. finished off its year in a big way, reporting a standout fourth quarter thanks to strong sales of iPhones and Macs.

The Cupertino, Calif., company reported Monday that net profit rose 12.7% to $8.5 billion for the three months that ended Sept. 27. Revenue was up 12.4% to $42.1 billion.

For its full year, Apple reported revenue of $182.8 billion, up 7% from fiscal 2013. Profit totaled $39.5 billion, compared with year-earlier profit of $37 billion. Chief Executive Tim Cook said in a statement that the company's fiscal 2014 was "one for the record books."

The company sold 39.3 million iPhones during its fourth quarter, a 16% year-over-year increase. Apple began shipping the iPhone 6 and 6 Plus on Sept. 19. More surprising were the Mac's blowout sales, which rose 21% to 5.5 million computers sold; that's particularly impressive given the softness in the personal computer category as a whole. During a call with analysts, Cook called the results “absolutely stunning” and said Mac market share is the highest it has been since 1995.