Computer maker Apple's profits and sales have surged past Wall Street's forecasts, with sales of iPhones and Mac computers hitting quarterly records.
Sales of Apple's Mac computers jumped 17% from a year earlier to 3.05 million in the September quarter, above analysts' average forecast of roughly 2.8 million.
Apple sold 7.4 million iPhones, up from 6.9 million a year ago, and just shy of expectations of 7.5 million units. Some analysts had thought the company was having a tough time making enough iPhones to meet demand.
The company recorded a net profit of $1.67 billion, or $1.82 a share, in its fourth financial quarter to September 26, up from $1.14 billion a year earlier. Analysts were expecting a profit of around $1.42 a share.
Revenue rose 25% to $9.87 billion, ahead of the average Wall Street estimate of $9.2 billion.
Apple's outlooks for the future are typically conservative. It forecast earnings for the current quarter of $1.70 to $1.78 a share on revenue of $11.3 billion to $11.6 billion.
Despite a high price, Macs have been gaining share for years and are expected to continue to do so. According to industry tracker IDC, Apple holds 9.4% of the PC market in the US.
