Apple posts 3Q profit of $818 million

CUPERTINO, Calif. Apple today announced financial results for its fiscal 2007 third quarter ended June 30. The company posted revenue of $5.41 billion and net quarterly profit of $818 million, or 92 cents per diluted share. These results compare to revenue of $4.37 billion and net quarterly profit of $472 million, or 54 cents per diluted share, in the year-ago quarter.

“We are very pleased to report strong financial results including cash flow from operations exceeding $1.2 billion for the quarter,” said Peter Oppenheimer, Apple’s cfo. “Looking ahead to the fourth fiscal quarter of 2007, we expect revenue of about $5.7 billion and earnings per diluted share of about 65 cents.”