Keeping record level revenue quarter after quarter is no mean feat, but Tim Cook and his team at Apple have been doing just that year on year. The company today again announced an increase in revenue for its third quarter revenue of $45.4 billion compared $42.4 billion last year.

“With revenue up 7 percent year-over-year, we’re happy to report our third consecutive quarter of accelerating growth and an all-time quarterly record for Services revenue,” said Tim Cook, Apple’s CEO.

Apples forecast for the coming quarter is expected to reach between revenue between $49 billion and $52 billion, 41 million iPhone sales attributed to the chunk of the revenue with services like iTunes and cloud are also seeing better growth.