Apple profit triples on strong sales

Apple Computer Inc. on Wednesday posted a quarterly profit that more than tripled on strong sales of its iPod digital music players and sleek notebook computers.

Shares jumped almost 6 percent in after-hours trade.

For its second quarter ended March 27, Cupertino, California-based Apple said net income rose to $46 million, or 12 cents per share, from $14.0 million, or 4 cents, a year earlier.

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Revenue rose to $1.91 billion from $1.48 billion.

Apple said that it shipped 749,000 Macintosh computers during the quarter, up 5 percent from the year-ago quarter, and 807,000 of its popular iPod digital music players, an increase of 909 percent from the year-earlier period.

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Gross margin, or the percentage of revenue remaining after product costs are subtracted, was 27.8 percent, down from 28.3 percent in the year-ago period.

Excluding a restructuring charge of $7 million, Apple said it had a profit of $53 million, or 14 cents per share.

Analysts had forecast the company to earn, on average, 10 cents per share, within a range of 9 cents to 11 cents, on revenue of $1.81 billion, according to Reuters Research, a unit of Reuters Group Plc.