Apple

AppleThe numbers are now in and Apple crushed estimates, having managed a fiscal fourth-quarter profit of $8.26 per share on $37.5 billion in sales. Apple’s September-quarter results certainly fall in line with the trend we’ve been seeing recently as the breakneck growth Apple has enjoyed in recent years continues to slow. In the year-ago quarter, Apple posted an $8.2 billion profit on revenue totaling $36 billion. Apple’s record profit in that quarter represented 24% year-over-year growth, and revenue was up 27% between the fiscal fourth quarters in 2012 and 2011. The star of the show is always Apple’s iPhone lineup, of course, and analysts were expecting the company to sell 31 million units in the September quarter — though some estimates reached as high as 36 million units. Apple reported on Monday that actual FQ4 2013 iPhone sales totaled 33.8 million handsets, beating estimates and growing an impressive 26% over the September quarter in 2012.

Read the full story at Boy Genius Report.

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