CUPERTINO, California (AP) — Apple Inc. yesterday said its fiscal third-quarter net income rose 78 percent, thanks to sales of its iPhone and the new iPad tablet computer.

Apple said it sold about 3.3 million iPads in April through June, the gadget's first three months on the market. IPhone unit sales rose 61 percent, with a boost at the end of the quarter from the launch of the iPhone 4.

Apple's net income jumped to $3.25 billion, or $3.51 per share, from $1.8 billion, or $2.01 per share, a year ago. Revenue increased 61 percent to $15.7 billion, from $9.7 billion last year.

That's better than Wall Street expected. Analysts surveyed by Thomson Reuters had forecast net income of $3.11 per share in the quarter on $14.7 billion in revenue.

Apple shares rose $7.29, or 2.9 percent, to $259.18 in extended trading after the release of the results.