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Apple profits climb as sales soar

Apple results - iPhones strong, but iPod sales lower
Apple results - iPhones strong, but iPod sales lower

Apple has reported a profit of $1.23 billion for the three months to June 27, due to strong sales of iPhones and Macintosh computers.

Apple said the profit in its third financial quarter came to $1.35 per share, far better than analysts had expected. This compared with $1.19 per share, or $1.07 billion in the same period last year. Revenue rose 12% from a year earlier to $8.34 billion.

'We're making our most innovative products ever and our customers are responding,' Apple chief executive Steve Jobs said.

Sales of iPhones rocketed 626% to more than 5.2 million, while sales of Macintosh computers rose to 2.6 million, 4% higher than the same quarter last year. But sales of iPod MP3 players dipped 7% over the year to 10.2 million.

Apple chief financial officer Peter Oppenheimer said it expected revenue in the current quarter to be in the range of $8.7 billion to $8.9 billion and earnings per share to be from $1.18 to $1.23.