• TechCrunch, Wednesday, July 22, 2009 2:41 PM

Apple coasted to another non-holiday record in terms of revenue and earnings during the second quarter, posting a profit of $1.23 billion, or $1.35 per share, compared with $1.07 billion, or $1.19 per share, a year earlier. Revenue rose 12% to $8.34 billion from $7.46 billion. However, as TechCrunch's MG Siegler points out, the real story of Apple's second quarter earnings was iPhone sales. "Let's just say it," he says, "the iPhone looks well on its way to being Apple's primary business."

Indeed, Apple sold 5.2 million iPhones in the quarter, a whopping 626 percent increase over last year, when it sold 717,000 iPhones. This was still shy of the record for iPhones sold in a quarter, which happened in Q4 2008, when Apple sold almost 6.9 million iPhones. Siegler notes that the Q2 2009 numbers only include a few weeks of iPhone 3GS sales, as the 3GS went on sale in mid-June.

Apple sold exactly twice as many iPhones as Macs in the quarter (5.2 million vs. 2.6 million), and almost half as many iPhones as iPods (5.2 million vs. 10.2 million). Meanwhile, iPod sales dipped 7% versus a year ago.

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