Apple Plays the Conservative Card Despite Record Quarter

Amidst the iPhone 3G euphoria surrounding Apple (AAPL) these days are the bread-and-butter Computer and iPod business lines. Today, those less-hyped money machines were in the spotlight as the Cupertino Computer underdog posted an impressive and record breaking quarter.

Results coming across the wires placed Apple with $1.19/share in profits from $7.46Billion in revenue. Considering the street was averaged in at $1.07/share and $7.36Billion across the top line, those numbers represent a dramatic earnings beat. On the sales side, the company sold a whisker-shy of 2.5Million Mac computers, over 11Million iPods and over 700Thousand iPhones--all figures above or right at Wall St. predicted levels.