Apple reports record earnings, revenue

San Francisco, Oct 19 (DPA) Apple reported record profits and revenue Monday as sales of its iPhones and Macs rose sharply, and consumers snapped up more than four million iPads.

Apple said it earned $4.31 billion in the quarter compared to $2.53 billion a year ago. Revenue rose to $20.34 billion compared to $12.21 billion a year ago.

‘We are blown away to report over $20 billion in revenue and over $4 billion in after-tax earnings – both all-time records for Apple,’ said chief executive Steve Jobs. ‘iPhone sales of 14.1 million were up 91 percent year-over-year. We still have a few surprises left for the remainder of this calendar year.’

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