Apple has reported another exceptional quarter, nearly doubling its net income and far exceeding analyst estimates on the strength of the seemingly unstoppable iPhone.

However, sales of Apple’s big new product, the iPad tablet computer, came in below expectations. The second version of the tablet launched three weeks before the end of the quarter, and manufacturing constraints prevented Apple from selling more of them.

Apple plans to introduce services that would let customers use its iPhone and iPad computer to make purchases, said Richard Doherty, director of consulting firm Envisioneering Group.

The services are based on “Near-Field Communication”, a technology that can beam and receive information at a distance of up to four inches, due to be embedded in the next iteration of the iPhone and the iPad 2, Doherty said. Both products are likely to be introduced this year, he said, citing engineers who are working on hardware for the Apple project.

Apple plans to introduce services that would let customers use its iPhone and iPad computer to make purchases, said Richard Doherty, director of consulting firm Envisioneering Group.

The services are based on “Near-Field Communication”, a technology that can beam and receive information at a distance of up to four inches, due to be embedded in the next iteration of the iPhone and the iPad 2, Doherty said. Both products are likely to be introduced this year, he said, citing engineers who are working on hardware for the Apple project.

iPad Subscriptions

IF YOU seek Cleo’s advice on how to ”think your way to the perfect life”, you can now do so on your iPad as well as in this month’s print edition.

But despite its publisher, the ACP Magazines division of the Nine Entertainment Co, releasing an application selling iPad editions of 16 magazines, you cannot subscribe to any of them.

Apple says it is “aware” of a security weakness that allows anyone to bypass iPhone 3G and iPhone 4 PIN codes with a few button presses and will fix it in a software update next month.

“We’re aware of this issue and we will deliver a fix to customers as part of the iOS 4.2 software update in November,” Apple Australia said in a statement provided early this morning.

Motorola, just days after being targeted in a patent suit by Microsoft, has filed complaints against Apple alleging that the iPhone, iPad and other products infringe its patents.

The Motorola complaints allege that Apple’s iPhone, iPad, iPod Touch and certain Macintosh computers infringe 18 patents “which relate to early-stage innovations developed by Motorola in key technology areas”.