Apple Q3 results blow past expectations- "Antennagate" over…

Pretty simple:

(Reuters) - Apple Inc (AAPL.O) reported results that blew past Wall Street's expectations, boosted by robust sales of Mac computers, sending its shares 3 percent higher.

Apple's stellar financial performance in the June quarter helped ease investor fears, and may silence a chorus of critics who have been hammering the company over its handling of the iPhone 4 "Antennagate" controversy revolving around complaints about signal loss on the new gadget.

COMMENTARY:

ASHOK KUMAR, ANALYST WITH RODMAN AND RENSHAW:

"These were blowout numbers. The iPhone 4 units came in weaker than expected primarily due to the product launch, with supply constraints. But on all other measures, the company significantly exceeded guidance.

"If you put it in perspective, the original iPod took 7 quarters to ship a million units. With the initial iPhone, it took only 70 days to reach the 1 million unit rate.

"For iPad, it reached the one mln mark in under 30 days, and the iPhone 4 shipped 1.7 million units in the first three days.

"The iPhone 4 has been in a class by itself in terms of volume. Looking ahead with multiple carrier agreements, the story remains intact. The primary driver will be the iPhone.