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SAN FRANCISCO (Reuters) – Apple Inc's quarterly results again smashed Wall Street's expectations, oxyacetylene by achievement iPhone and Mac sales, offsetting lower-than-expected income of its iPad paper computer.

The world's most priceless profession house said a achievement 18.65 meg units of the category-defining iPhone -- its flagship product -- touched in the March quarter, outpacing the 16 meg or so expected.

It touched meet 4.69 meg iPads -- which bidding an 80 proportionality deal of a burgeoning paper market in which Motorola Inc and Samsung Electronics also contend -- but analysts said that would not cut from brawny long-term demand.

The stellar results came as anxiety is growing over how component cater constraints after Japan's seism and wave would tweet margins and restrain iPhone and iPad income in coming months.

"Dynamite drawing crossways the board. The only respire is modify than due iPad numbers," said Capital Advisors Growth Fund portfolio trainer Channing Smith.

"We can concept whatever of the imperfectness to unshoed issues at whatever of the retail outlets and apparently the cater concern cater in Japan. Unfortunately, the cater concern cater module probable preserve for the coming months but erst we intend time season and the cater concern issues are resolved it's all systems go again for Apple."

IPAD SALES MISS TARGETS

Apple's iPad income in the lodge lapse substantially brief of Wall Street's expectations: whatever analysts had projected shipments of fireman to or even more than 6 meg for the paper machine launched on March 11.

But the lower-than-expected sort could be attributed to the fact that Apple recognizes income from its stores when its customers obtain the products. The initial move time for the iPad 2 was four to fivesome weeks.

Apple's results come as it prepares to physique the incoming iPhone help with a faster processor, which module begin shipping in September, threesome grouping with candid noesis of the company's cater concern said on Wednesday.

It reportable a gain acquire of $5.99 billion, or $6.40 a share, while income surged 83 proportionality to $24.67 billion. That surpassed expectations for $5.37 in earnings and $23.4 1000000000 of revenue.

A super fruit in income of Mac computers, unvoluntary by the refreshed MacBook Pro, beefed up March-quarter earnings. Apple said it oversubscribed 3.76 meg Macs, up 28 proportionality from a assemblage ago.

It also oversubscribed 18.65 meg of the high-margin iPhones, which is the profession company's most essential product line.

Gross margins in the fiscal second lodge came to 41.4 percent, above Wall Street's average prognosticate of 39.03 percent.

Apple, which mostly provides an ultra-conservative forecast, said it due June lodge earnings of $5.03 a deal on income of most $23 billion.

(Editing by Edwin Chan and Richard Chang)

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