Pixar, the animation studio headed by Apple CEO Steve Jobs, today reported profits rose more than 600 percent in the third quarter, due to record-setting DVD sales of Monsters Inc. Pixar posted a profit of US$46.9 million, or 87 cents per diluted share, compared with $6.2 million, or 12 cents, in the year-ago quarter. Revenue rose to $102.5 million from $11.3 million. Analysts expected a profit of 74 cents per share. “We are thrilled to report the most profitable quarter in Pixar’s history,” said Jobs. “Pixar is firing on all cylinders as we look forward to the release of Finding Nemo in 2003, The Incredibles in 2004, and Cars in 2005.” The company also raised full-year earnings guidance to a range of $1.50 to $1.55 per share from $1.25 to $1.35. Pixar stock has risen 54 percent this year.