Ap­ple notches record quar­ter

Austin American-Statesman - - BUSINESS & PERSONAL FINANCE -

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.

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