Apple notches record quarter
Apple Inc. blew past expectations for its most recent quarter and reported selling almost as many iPads as Mac computers.
Apple said its fiscal third-quarter net income rose 78 percent, thanks to sales of its iPhone and the new iPad tablet computer. Apple said it sold about 3.3 million iPads in the device’s first three months on the market.
Revenue for the April-to-June period rose 61 percent from last year to $15.7 billion, making it the company’s highest quarterly revenue ever, even beating the latest holiday season.