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Apple Q3 net income triples

Apple - iPod sales fuel growth
Apple - iPod sales fuel growth

Apple Computer's quarterly net income, fuelled by surging sales of its market-leading iPod digital music players, more than tripled.

For the quarter to June 26 Apple said it had net income of $61m, up from $19m in the same period a year ago. Revenue rose by 30% to $2.01 billion from $1.55 billion. Its profit was $67m.

Apple said it expected to post fourth-quarter revenues of $2.1 billion including one cent per share in restructuring charges.