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Apple shares surge; up 12.58% in heavy early trading

With share volume of 10,872,003 already today, Apple (AAPL) shares rose 12.58%, up $3.72 today after Apple Computer said on Wednesday that its fiscal third-quarter profit tripled, led by surging demand for the iPod portable music player and higher sales of its Macintosh computers.

“It was an outstanding quarter – our highest third-quarter revenue in eight years,” Apple’s chief executive, Steven P. Jobs, said. “Our Mac sales were up 19 percent, and we’re thrilled with that.”

The company reported net profit of $61 million, or 16 cents a share, compared with $19 million, or 5 cents a share, in the period a year earlier. Revenue climbed 30 percent, to $2.01 billion.

AAPL quote here (fifteen minute delay).

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