Apple Inc. stocks jumped over 7 per cent yesterday after Apple posted a record quarterly earnings with an 88% rise in profit compared to a year ago or $US770 in real money. Gross margins increased by 35.5%. Chris Armruster, a market analyst, called it “pretty unbelievable.” Apple’s profits in the last quarter came from the 10.5 million iPods and more than 1.5 million Macintosh computers, including some software, producing $US5.26 billion in revenue, up 21% from the corresponding quarter last year. Mac computers posted a 36% rise in sales while iPods grew 24%. Now they’re talking stock split.

[via theage]