Apple has reported a record quarterly profit of $21.7 billion. This is the best result in the 45-year history of the company.

For the quarter that ended in June, the IT giant’s revenue grew 36 percent from the previous year to $81.4 billion. Additionally, iPhone revenue rose from 26.41 billion to 39.57 billion over the same period last year.

Earlier in July the company talked about problems with the production of Mac and iPad due to a shortage of chips. Analysts had forecast a slowdown in earnings growth, which will probably lead to a drop in Apple stock. The CEO of the company Cook noted that Apple is experiencing difficulties in terms of delivery of parts for its products.