According to the latest financial statistics from Apple they have made a record breaking $15.7 billion in the third quarter of 2010. This suggests that many people have recycled or sold their old mobile phones in order to get the latest Apple handset or device.

Apple’s profits for the same quarter stand at a massive $3.25 billion. These figures show that Apple devices have had a massive surge in popularity over the past year.

The main reason for the surge over the last quarter is probably due to the recent releases of the iPad and iPhone 4 which have already been bought by millions around the world.