Apple's Q4 results were below expectations sending the stock down 7% in after hours trading. Here's a look at the quarterly results in charts from Dan Frommer.
Apple just reported September quarter results, and they're below Wall Street's expectations for the first time in a long time. Weaker-than-predicted iPhone sales ahead of the iPhone 4S launch seemed to do Apple in. As a result, revenue and profits both missed the Street's mark. Overall revenue growth fell to 39% year-over-year, from the low-80%s the prior two quarters.
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Comments (3)
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0
Humm - October 19, 2011 at 2:49am
Humm, looks ike that holding the iphone 5 for a long period wasn´t a good idea. And definitly, launching iphone 4S was a worse one. Let´s see 2012 1Q. This shall be reflected there.
0
Digihead - October 19, 2011 at 7:30am
Not really. That was before iphone release, and as usual people not buying previous model expecting new one coming out. As we know iphone 4s doing extremely well, all will be back to normal! ;)
0
Nobo1 - October 20, 2011 at 5:22pm
typical over inflated wall street expectations! occupy wall street now!
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