Apple Destroys Q3 Earnings Estimates With Record Revenues, Profit, iPhone, And iPad Sales

Following Google's stellar earnings last week, Apple has today announced their own earnings for their Q3 period. As expected, they're good. Massively good. Apple set several new records in terms of both revenues and sales. Most notably, Apple's revenue was a staggering $28.57 billion ? over $5 billion ahead of their (always low) guidance, and almost $4 billion ahead of the $24.92 billion that Wall Street had been expecting. What's perhaps craziest about those numbers is that they're a new record for the company, and it comes in a non-holiday quarter (typically the best for consumer electronics companies). Apple's last holiday quarter earnings, Q1 2011, saw revenues of $26.7 billion.

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