Sunday, December 4, 2011

October 18, 2011

October 18, 2011

Apple Q4 does not meet the expected revenue.  Apple recorded $28.27 billon in revencue and took a $6.62 billion net profit. Apple also recorded 17.97 million iPhones were sold in Q4 , 11.12 million iPads this year, 4.86 Macs and 6.62 million iPods. There has been a substantial increase in each product expect the iPods which went down 27 percent. On the other hand, the iPad was recorded to have a 166 percent increase in sales from last year. As of October 18, 2011 Apple’s cash stands at $84 billion.

http://www.engadget.com/2011/10/18/apple-q4-earnings-fall-short-of-expectations-28-3-billion-in-r/

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