Profits rose 21 per cent to $8.8 billion. That's either "thrilling" or "disappointing", depending on who you listen to.
Apple third quarter results rose 21 per cent to $8.8 billion, or $9.32 per share, on revenue of $35 billion, up 22 per cent from a year earlier.
However, these results were less than analysts had expected and as such, shares fell in after-hours trading by $34 - almost six per cent.
Previous estimates had suggested Apple would post earnings per share of $10.36 on revenue of $37.2 billion.
Tim Cook, Apple's CEO, said the company was "thrilled" with its record sales of iPads in the June quarter. But then he would say that.
Apple reported that it sold 26 million iPhones in the quarter, representing a 28 per cent increase on the same quarter a year ago. Apple also sold 17 million iPads during the quarter, an 84 per cent unit increase.