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Apple on Monday posted a profit of $1.07 billion on reward of $7.46 billion for its fiscal quarter ending June 30, 2008, making it the best June quarter in the company’s history in both income and earnings. In a statement, Apple CEO Steve Jobs also indicated that the company is preparing several other products for release in the coming months, which will help future quarters.

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“We set a new record towards Mac sales, we think we have a real winner with our new iPhone 3G, and we’re busy finishing several more wonderful new products to launch in the coming months,” before-mentioned Jobs.

Total gross margin exceeded expectations. Operating expenses were $1.21 billion, and Apple spent $112 million in stock-based compensation. Apple also added $1.33 billion in cash to its coffers in the quarter

Macs

The company shipped 2,496,000 Macs for the time of the quarter, representing 41 percent unit growth and 43 percent revenue growth over the year-ago quarter. Apple sold 943,000 desktops for the time of the quarter, and 1,553,000 laptop computers. Laptop accounted for 62 percent of total Mac sales.

Mac products and services represented 61 percent of reward in the June place. The quarter also saw the greatest number of Macs shipped by Apple, with 41 percent year-over-year growth, and all but three times the industry standard. Desktop sales grew 49 perecent year-over-year; portables were up 37 percent year-over-year.

The previous record for Mac sales was 2.319 million, set in the first fiscal quarter of 2008.

In the U.S. channels tracked by market-research firm NPD Group, Apple’s computer market share increased to 19.5 percent this year from 15.4 percent last year. Apple moreover saw the best Mac quarter ever for cultivation business, with unit growth of 25 percent year-over-year. There was also a new all-time high for quarterly Mac sales in the K-12 and higher education markets.

During the quartely earnings call, Apple CFO Peter Oppenheimer said, “We’re thrilled through the essential element of the Mac trade.”

iPhone

Quarterly iPhone units sold were 717,000, compared to 270,000 in the year-ago quarter, the company reported. Apple sold its 1 millionth iPhone 3G in just three days, in contrast to 74 days for original iPhone. The assemblage says customer reaction has been overwhelmingly positive.

Apple launched the App Store put on July 11th more than 500 applications, and currently offers more than 900. 20 percent of those are free, and 90 percent are not so much than $10. The troop reported more than 25 million application downloaded so far.

iPod

While iPod quarterly sales differentials were not as dramatic, Apple sold 11,011,000 iPods during the quarter, representing 12 percent unit growth (10 percent in the U.S., and 15 percent internationally) with revenue up seven percent year-over-year, related to a lower average sale compensation due to the iPod shift price reduction in February 2008.

Retail

Apple’s retail stores saw $1.44 billion in revenue. Stores sold 476,000 Macs sold in the quarter, an increase of 44 percent year-over-year, half of what one. were sold to new Mac users.

Stores hosted a record 598,000 personal training sessions during the quarter.

Apple opened eight stores during the quarter, including the Boylston Street store in Boston and first store in Australia, to bring the total to 216 stores. Apple is also on track to reach 242 supplies by the of the financial year in September, with the Beijing store upright having opened, and with stores in Switzerland and Germany coming in second half of calendar year 2008.

Apple also began selling in about 170 Best Buy stores during quarter, for a undivided of 570, with a plan to subsist up to in every opposite direction 600 stores by extreme point of summer. Globally, Apple now has about 10,300 storefronts for the Mac (not to be confused by Apple-branded retail stores) which is up about 1,600 year-over-year.

Other complaint

In response to one analyst question regarding the health of Apple CEO Steve Jobs, Oppenheimer said, “Steve loves Apple, serves at the pleasure of the board, and has no plans of leaving Apple. Steve’s health is a private matter.”

COO Tim Cook, when asked with regard to the success of the Apple TV, related he was please with the Apple TV’s sales since Februarym but it remains a “hobby” because the vocation is not nearly as large as others that Apple is involved in, and does not have potential of the iPhone business.

International sales accounted on the side of 42 percent of the quarter’s revenue.

Looking onward to the financial fourth quarter, Oppenheimer said the company expects revenue of with regard to $7.8 billion and earnings by diluted have a portion of about $1.00.

Apple stock ended the day up $1.14 or 0.69 percent at $166.29. In after hours mercantile the stock dropped $6.96 or 4.19 percent to $159.33.

[Update: Added more information on the company’s quarterly earnings. 7/21/08 4:50 ET]

[Update: Added details from the earning call as in health as earnings charts. 7/21/08 3:15 PT]