Apple reported on Tuesday third-quarter earnings higher than analysts had expected, but provided its usual conservative guidance.

Revenue came in at $8.34 billion, resulting in earnings of $1.35 per share. That’s a 12 percent increase from a year ago, when Apple reported earnings of $7.46 billion and earnings per share of $1.19.

The numbers for the quarter were even better than what analysts had predicted: They were expecting $1.17 in earnings per share and revenues of $8.2 billion. [Source: CNET News]