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October 19, 2011 12:36 am GMT
Apple has just announced their Q4 2011 earnings. As expected, they're big but unlike the last several quarters where Apple has destroyed the number expected by the Street, Apple actually fell short of those expectations this time.How short? Well, even though Apple's own guidance for the quarter was $25 billion in revenue, analysts seem to have wised up to Apple's always-low estimates and were projecting numbers far higher: they were looking for around $29.5 billion. Apple came in at $28.27 billion. That's still their second best quarter ever just shy of last quarter's record $28.5 billion quarter but it is below the Street.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sIG-BHJNiqE/
As iPhone Sales Dip Ahead Of 4S, Apples Earnings Fall Below Street Expectations
Apple has just announced their Q4 2011 earnings. As expected, they're big but unlike the last several quarters where Apple has destroyed the number expected by the Street, Apple actually fell short of those expectations this time.How short? Well, even though Apple's own guidance for the quarter was $25 billion in revenue, analysts seem to have wised up to Apple's always-low estimates and were projecting numbers far higher: they were looking for around $29.5 billion. Apple came in at $28.27 billion. That's still their second best quarter ever just shy of last quarter's record $28.5 billion quarter but it is below the Street.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sIG-BHJNiqE/
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