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iPhone 3GS - Source: Reuters -
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Apple Inc reported better-than-expected results as iPhone and Mac sales hit quarterly records, sending its shares up 5.5% on Monday.
The company posted a net profit of $US1.67 billion, or $US1.82 a share, in its fiscal fourth quarter ended September 26, up from $US1.14 billion, or $US1.26 a share, in the year-ago period.
Analysts were expecting a profit of $US1.42 a share.
Revenue rose 25% to $US9.87 billion, ahead of the average Wall Street estimate of $US9.2 billion.
Apple forecast earnings for the current quarter of $US1.70 to $US1.78 a share on revenue of $US11.3 billion to $US11.6 billion.
Shares of Cupertino, California-based Apple closed at $US189.86 on Nasdaq and rose to $US200.21 in extended trading.
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