Files under General | Oct
19th

Apple was releasing fourth-quarter results after U.S. markets closed.
And many analysts said that Apple will report earnings of less than $1.43 a share.
Consensus estimates were at EPS of $1.42 (+12.7% year-over-year) on revenues of $9.209B (+16.6% year-over-year) and gross margins of 35.5%.
Well, they were, again, wrong.
The results are: $9.87B revenue, $1.67B profit. 3.05M Macs sold, 10.2M iPods, 7.4M iPhones.
With earnings of $1.82 a share!
So the big headline was:
Apple reports 46% earnings increase
Apple enjoyed its most profitable quarter ever.
Period.
Ad the BBC was right.
See here the official results.
Tags: Apple, analysts, quarter resukts