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October 29, 2013 12:43 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/gQxyOW9Uoog/
Apple Sold 33.8 Million iPhones in Q4, Stock Drops 5%
Apple beat analyst estimates for the fourth fiscal quarter, but the stock still dipped by nearly 5% in after hours trading
Apple reported earnings per share of $8.26 on revenue of $37.5 billion for the quarter, coming in well ahead of Wall Street estimates for earnings of $7.93 per share on revenue of $36.84 billion.
See also: Top 25 Free iPhone Apps of All Time
The company also reported selling 33.8 million iPhones, an increase of 26% from the previous year and beating estimates. iPad sales, on the other hand, came in a little light at 14.1 million — essentially flat year over year — presumably because consumers were waiting to see the newest models released this month Read more...
More about Iphone, Apple, Stocks, Business, and GadgetsOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/gQxyOW9Uoog/
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