Apple beat analysts' expectations Tuesday, reporting a nearly 15 percent jump in profits for its fiscal third quarter. The company reported a profit of $1.23 billion versus $1.07 billion in the year-ago quarter.
Earnings per share were $1.35, up from $1.19 a year ago. Revenue for the quarter rose to $8.34 billion versus $7.46 billion in the third fiscal quarter of 2008.
Analysts had predicted earnings of $1.17 a share on revenue of $8.16 billion.
Apple reported it sold 2.6 million Mac computers during the quarter, matching an estimate by Piper Jaffray analyst Gene Munster and just below its all-time quarterly record of 2.611 million in September 2008. Other analysts were expecting sales of 2.45 million, closer to Apple's sales of 2.496 million Macs in the third fiscal quarter of 2008.
Sales of iPhones remained strong, with 5.2 million sold in the quarter. Apple introduced the iPhone 3GS last month and slashed the price for the iPhone 3G to $99.
The company said it expects earnings of $1.18 to $1.23 a share for its fourth fiscal quarter. Revenue is expected to come in at $8.7 billion to $8.9 billion.
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