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Title: Apple announces Q4 financial results, beats expectations Post by: Alex on October 20, 2009, 12:10:28 PM Apple announces Q4 financial results, beats expectations
The Cupertino-based company Apple has today announced its financial results for the fourth quarter, beating out the predictions and thusly seeing some nice stock price increases. This quarter has seen Apple hit its best results in the history of the company, boasting a rather hefty $1.67 billion profit. The results, found here, show that Apple managed just short of $10 billion in revenue, at a total of $9.87 billion. Apple sold 3.05 million computers during the quarter, giving it a 17 percent unit increase over the previous Q4 results. Additionally, the company sold 10.2 million iPods and 7.4 million iPhones, representing an eight percent unit decline and a seven percent unit growth over the year-ago quarter, respectively. Read full story... http://feedproxy.google.com/~r/neowin-main/~3/oS6gsz9fOhU/apple-announces-q4-financial-results-beats-expectations |