Apple posts $11.6B profit on $39.2B in revenue

Apple announced $11.6 billion in profits on $39.2 billion in revenue on Tuesday, compared to profit and revenue of $6.0 billion and $24.7 billion, respectively, for the same quarter a year ago. That figures to diluted earnings per share of $12.30.

Apple reports 35.1 million iPhones sold in the quarter, 88 percent growth compared to last year. 11.8 million iPads were sold, a 151 percent increase over the same quarter a year ago. Four million Macs were sold, a more mild 7 percent increase, and 7.7 million iPods were sold, continuing the regular decline we’ve seen of iPod unit sales, down 15 percent year-over-year.

Peter Oppenheimer, Apple’s CFO, said that Apple anticipates revenue of $34 billion and diluted earnings per share (EPS) of about $8.68.

Apple once again handily beat Wall Street analysts’ estimates, which pegged last quarter’s revenue and profits lower. Analysts seemed to have underestimated demand for iPhones, Macs and iPads, as well.