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Apple sold 27 million iPhones during the quarter, which was better than analyst estimates

Apple has been on a new product assault for the past few months. Things kicked off with the iPhone 5 launch in September and culminated this week with the announcement of a fourth generation iPad, the iPad mini, new iMacs, and a new 13" MacBook Pro with Retina Display.
 
Now, Apple has released its earnings for Q4 and the company recorded $36 billion versus analyst estimates of $35.80 billion. Net profit for the quarter came in at $8.2 billion. Earnings per share (EPS) rang in at $8.67 versus analyst estimates of $8.75 per share.
 
Numbers were up across the board compared to the same period last year when the company announced earnings, profit, and EPS of $28.3 billion, $6.6 billion, and $7.05 respectively.
 
During the quarter, the company sold 26.9 million iPhones (53 percent growth from a year ago), 14 million iPads (26 percent growth), and 4.9 million Macs (one percent growth). Apple’s iPod numbers continue their downward slide with quarterly sales of 5.3 million units (a 19 percent decline from a year ago).
 
“We’re very proud to end a fantastic fiscal year with record September quarter results,” said Tim Cook, Apple’s CEO. “We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”

Source: Apple



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RE: big numbers
By Tony Swash on 10/25/2012 7:31:33 PM , Rating: -1
I fear I may have been a bit harsh on someone still dazed from an encounter with reality, I should have been more understanding and remembered that for those not used to reality just bumping into it suddenly can really throw you. So I have stoped laughing and will pay you the courtesy of responding in an adult fashion.

Have a look at this article by Horace Dediu at Asymco.

http://www.asymco.com/2012/10/04/using-capital-exp...

One thing that Horace likes to watch is the data about Apple's capital expenditure on investment in their own supply chain, he thinks it is a very useful metric for doing all sorts of projections about Apple's future performance. His work is meticulous and very engaging. I suggest you have a look at it. Apple's increased spending on it's supply chain is very impressive.


"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer














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