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NASDAQ:AAPL, Apple Shares Soar On Record Profits, iPad & iPhone Sales

apple record profits 3rd quarter

Don’t look now, but Apple’s stock price (NASDAQ:AAPL) is currently up +6.31 (2.57%) on news that the tech company has posted record profits for the 3rd quarter, along with record breaking iPhone sales.

This is Apples first full quarter selling the iPad and it has posted a record profit of $3.35 billion on record revenues of $15.7 billion – this is up frm the $1.8 billion and $9.73 billion from the same time last year.

iPad has exploded onto the scene

Apple sold 3.27 million iPads, nearly matching the 3.47 million Macs sold — and Mac sales were up 33 percent from a year ago to set a new quarterly record. Yeah, damn. iPhone sales — including the first few weeks of the iPhone 4 — were up 61 percent from a year ago to 8.4 million, and the iPod continued its slow decline, down eight percent to 9.41 million units sold.

Here’s a chart of Apple’s stock price throughout today as the company announced their 3rd quarter numbers:

apple 1 day stock price

[source: Engadget, Google Finance]

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