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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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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"Microsoft-loving BBC"
You crazy.
7.5 million iPads sold during fiscal 2010.
October 18 2010 at 9:19 PM Report abuse Permalink rate up rate down ReplyWell, 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?
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 Permalink rate up rate down Reply...yet at the moment, the stock is down about $18 after-hours. WTF.
October 18 2010 at 6:18 PM Report abuse Permalink rate up rate down ReplyMarketshare fanboys cometh.
October 18 2010 at 6:17 PM Report abuse Permalink rate up rate down ReplyProof 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 Permalink rate up rate down ReplyDid you think you were?
October 18 2010 at 6:17 PM Report abuse Permalink rate up rate down ReplyMacs sold is 3.89 million, not 3.98 million
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