iPad and Record Mac Sales Boost Apple's Quarterly Revenue to Highest Ever

Apple may have been fighting some lousy press in the past few weeks, but its third quarter earnings, released today, show that the company is still raking in cash. Apple might as well buy a currency printing press at this point: revenue was up 78% over last year, at $15.7 billion, with a profit of $3.25 billion.

Interestingly, gross margin is actually slightly down from the year-ago quarter, likely due to the iPad, the low price of which means less profit for Apple.

Speaking of the iPad, the...