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Apple’s fiscal Q3 profit more than doubles

Apple Inc. Apple Inc. Latest from The Business Journals FDA to regulate risky mobile medical appsPrecision Castparts on Forbes’ innovation listFBI makes arrest in cyber theft of AT&T data Follow this company is reporting a profit of $7.3 billion, or $7.79 per diluted share, on revenue of $28.6 billion for its fiscal third quarter, which ended June 25. That’s compared to net income of $3.3 billion, or $3.51 per diluted share, on revenue of $15.7 billion for the same quarter last year.

Apple (Nasdaq: AAPL) reported selling 20.3 million iPhones during the quarter, which is up 142 percent from the same quarter last year. Apple also sold 9.3 million iPads during that time, up 183 percent, and 3.9 million Mac computers, up 14 percent from the previous third quarter. Meanwhile, the company sold only 7.5 million iPods, which is down 20 percent compared to the previous third quarter.

There are three Apple stores on Oahu.