News.blog: Apple reports record Mac sales

Apple reported record Mac sales and one of its best third quarters ever, but its usual conservative guidance should set off the usual craziness.

For the company's third fiscal quarter, which ended 28 June, Apple reported $7.46bn (£3.7bn) in revenue and net profit of $1.07bn. That far exceeds the company's own guidance for the quarter and also handily beats Wall Street's expectations of $7.37bn.

Mac sales were about in line with expectations, at 2.5 million units shipped during the quarter and iPod shipments were actually a little higher than expected at 11 million units. Mac shipments grew 41 per cent, while iPod shipments grew 12 per cent.

iPhone sales were 717,000 during the quarter, which was about what we had expected. iPhone sales were much lower due to the supply issues Apple ran into around the middle of May, but things have certainly picked up since then, with one million iPhone 3Gs out there already and lines and shortages awaiting those who want one now.