Apple Inc. yesterday announced a 27-percent jump in revenue for its fiscal
fourth quarter, with profit up 25 percent.
But the computer maker's sales fell shy of analysts' estimates.
In the period that ended on Sept. 27, Apple earned US$1.14 billion, or 1.26
dollars a share, on sales of US$7.9 billion.
Analysts had forecast that Apple would earn US$1.11 a share on US$8.05
billion in sales.
The company predicted in July that it would earn US$1 a share on US$7.8
billion in sales in the just-completed quarter.
In the same period last year, Apple earned US$901 million, or US$1.01 a
share, on sales of US$6.22 billion.
In after-hours trading after posting its report, Apple's stock was up about
10 percent, to US$101.03s.
