This is MacO-S-Kinn.

Apple amazes and astounds, even the amateurs don't see it coming.

Well, most of them don't.

And Lion lands today.

It's Wednesday, July 20, 2011.

I'm Kan Ray, and this is news from Maco-S-Can.

Brought to you by yours truly and supported by listeners like you,

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What do the professional and unpaid analysts have in common?

They all underestimated the third quarter of Apple's fiscal year 2011.

Well, almost all. Ahead of yesterday's conference call, Apple sent out a press release that was seriously jaw dropping.

The company posted record quarterly revenue of 28.57 billion dollars and record quarterly net profit of $7.31 billion or $7.79 a share.

Needless to say that compares rather favorably against the revenue of 15.7 billion and net quarterly profit of 3.25 billion, or 3.51 cents a share in the same quarter a year ago. Can I just point out that that

happened without the benefit of a holiday, without a full quarter of back to

school shopping? And yet it happened Apple Apple sold 20.3 4 million iPhones in the quarter, a record for any quarter, and up 142% from the same quarter a year ago.

Apple sold 9.25. from the same quarter a year ago.

Apple sold 9.25 million iPads during the quarter,

a record for any quarter,

and up 183% from the same quarter a year ago.

Apple sold 3.95 million max during the quarter,

...