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Apple releases Q4 results: $20.34B revenue, $4.31B profits

Top line: hell of a beat. Apple today reports earnings of $4.31 billion, or $4.64 a share, in the fiscal fourth quarter, versus $1.82 a share in the year-ago quarter. Street guess was $4.08 a share on sales of $18.90 billion, according to Thomson Reuters, so like I said: hell of a beat.

3.89 million Macs were sold during the quarter (not 4M, but close, very close). 14.1m iPhones (almost 2x the previous year's number) and 4.19m iPads also sold in Q4.

Looking ahead, Peter Oppenheimer forecasts $23B in revenue and $4.80 per share earnings in the holiday quarter. Given the degree to which this quarter beat the predictions... whoa.

Join us at 5pm ET for the liveblog of the analysts' results call.

Disclaimer: I am a happy holder of a small amount of AAPL.



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Apple Financial

Top line: hell of a beat. Apple today reports earnings of $4.31 billion, or $4.64 a share, in the fiscal fourth quarter, versus $1.82 a...
 

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Lars

"Microsoft-loving BBC"

You crazy.

October 19 2010 at 4:38 AM Report abuse rate up rate down Reply
SIP

7.5 million iPads sold during fiscal 2010.

October 18 2010 at 9:19 PM Report abuse rate up rate down Reply
SIP

Well, this is what the Microsoft-loving BBC has to say:

http://www.bbc.co.uk/news/business-11570631

"iPads flat

The after-hours selloff may also have been influenced by underwhelming sales of Apple's new tablet computer - the iPad, which came it at just 4.2 million.

That represents a rise of just 28% on the previous quarter, which was when the company first launched the new product."

JUST 4.2 million iPads sold...
represents a rise of JUST 28% on the previous quarter...

in how many months?

October 18 2010 at 9:13 PM Report abuse rate up rate down Reply
strobertson08

I think they still did rock solid. They are beyond what people imagined Apple would be a decade ago. The company is still growing. It's numbers are super impressive, and even though as Pheh said about, "Forecasted earnings were lower than expected", it still is an amazing quarter by any means... I am impressed with apple in every way, shape, and form, excluding bringing the newest technology in their products.... though I agree, they put in the best technology in their products too.

October 18 2010 at 6:39 PM Report abuse rate up rate down Reply
tdowling

...yet at the moment, the stock is down about $18 after-hours. WTF.

October 18 2010 at 6:18 PM Report abuse rate up rate down Reply
5 replies to tdowling's comment
chris

Marketshare fanboys cometh.

October 18 2010 at 6:17 PM Report abuse rate up rate down Reply
Domenick James Mulvenna

Proof that I'm not the only one who LOVES Apple!!! Keep up the good work Apple and keep making making awesome products.

October 18 2010 at 5:29 PM Report abuse rate up rate down Reply
1 reply to Domenick James Mulvenna's comment
Brett

Did you think you were?

October 18 2010 at 6:17 PM Report abuse rate up rate down Reply
darthfluffy1989

Macs sold is 3.89 million, not 3.98 million

October 18 2010 at 5:21 PM Report abuse rate up rate down Reply
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