Apple Inc. (AAPL) Stock Soars on Earnings Report
Apple Inc. said Monday its fourth-quarter earnings easily beat Wall Street expectations, as it set a new record for quarterly shipments of its Mac computers and moved more than 1 million iPhones.
For the quarter that ended Sept. 30, Apple earned $904 million, or $1.01 per share, compared with $542 million, or 62 cents per share, in the year-ago quarter.
Apple's fourth-quarter revenue totaled $6.22 billion, compared with $4.84 billion in the same quarter last year.
Analysts polled by Thomson Financial expected earnings of 86 cents per share on $6.07 billion in revenue for the period.
Some 1.12 million units of the iPhone were sold in the quarter, and 2.16 million Mac computers were shipped.
For the quarter that ended Sept. 30, Apple earned $904 million, or $1.01 per share, compared with $542 million, or 62 cents per share, in the year-ago quarter.
Apple's fourth-quarter revenue totaled $6.22 billion, compared with $4.84 billion in the same quarter last year.
Analysts polled by Thomson Financial expected earnings of 86 cents per share on $6.07 billion in revenue for the period.
Some 1.12 million units of the iPhone were sold in the quarter, and 2.16 million Mac computers were shipped.
Labels: AAPL, Apple Inc.
posted by Stock Administrator @ 5:06 PM
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