Technology giant Apple Inc has reported a 78 per cent jump in net income at $3.25 billion in the April-June period of 2010 on higher sales of iPhones, iPads and Mac computers.
In the year-ago period, the company had a net income of $1.82 billion, Apple said in a statement.
The company's net sales rose by 61 per cent from the year-ago period to $15.7 billion for the third quarter ended June 26, 2010.
"It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple's history with iPhone 4," said Apple CEO Steve Jobs.
During the quarter, Apple sold 8.4 million iPhones in the quarter, representing 61 per cent unit growth over the year-ago quarter. In addition, the company sold 3.47 million Macs, a 33 per cent increase over the year-ago quarter.
However, sales of iPods declined by 8 per cent from the year-ago quarter to 9.41 million. The company sold 3.27 million iPads.
"iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year," Jobs added.
Looking ahead to the fourth fiscal quarter of 2010, Apple expects revenue of about $18 billion and diluted earnings per share of about $3.44.
Apple generated $4 billion in cash during the quarter under review. "We are really pleased to have generated over $4 billion of cash during the quarter," Apple CFO Peter Oppenheimer said.
