Apple posts US dollar 3.25 billion profit promises more ‘amazing products’

iPad vs iPhone 4 screen
Image by Sigalakos via Flickr

Apple has announced profit of $3.25 billion, or $3.51 a share ( Nasdaq),  for the last quarter, thanks to runaway sales of iPhones and iPads — as well as a surprise surge of Macintosh computer sales — gave Apple record-breaking revenues for its third quarter..

In a quarter in which Apple introduced both the new iPhone 4 as well as the iPad, it notched a 61 percent jump in revenue to $15.7 billion, compared with $9.73 billion for the year-ago period. Earnings, meanwhile, soared 78 percent. The iPhone 4 shows no signs of slowing even after weeks of bad publicity regarding antenna reception problems. In fact, Apple did not say when it will be able to clear a backlog of orders to meet demand.

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