Apple Q2 profit spikes 95%

The degree to which Apple is having success with its iOS platforms was detailed in an unlikely place last week, when the company revealed through a court filing that about 108 million iPhones, 19 million iPads, and 60 million iPod Touches have been sold through the end of March. Today, Apple attached a dollar figure to that success, reporting record revenue and profit for its fiscal second quarter.

For the three-month period ended March 26, 2011, Apple recorded revenue of $24.67 billion, up a massive 83 percent from the $13.5 billion brought in during the same period a year ago. Net profits soared 95 percent during the quarter, rising to $5.99 billion compared to $3.07 billion in the year-ago quarter.

With Apple rumored to be shipping the iPhone 5 this September, the company continues to see robust sales for its current-generation multi-use handheld device. Quarterly iPhone sales surged 113 percent year-over-year to 18.65 million units. iPod sales declined 17 percent to 9.02 million units, while Mac sales rose 28 percent to 3.76 million units. The iPad, which originally went on sale in April 2010 and saw its first revision last month, sold an additional 4.69 million units during the period.

Looking to its fiscal third quarter, Apple said that it expects revenue to hit $23 billion, while earnings per diluted share is projected to come in at $5.03. Investors have thus far reacted quite favorably to Apple's earnings report. In after-hours trading, Apple's stock price has climbed nearly 4 percent to over $356 per share.