Apple profits soar, iPad sales up 151 percent

Them tablet gizmos are only getting more popular. Especially Apple’s.

The company’s revealed another round of figures of its profitability, showing that Q2 2012 profits came in at $11.6 billion, which is up 94 percent year-over-year. Revenues were at $39.2 billion.

The increased figures have the growing success of the iPhone and iPad to thank; sales were up 88 and 151 percent, respectively.

“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Apple CEO Tim Cook.

“The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”

Said innovation is believed to come in smaller form factor; Apple is rumored to be working on a smaller, 7-8 inch version of its tablet.