Monday, October 28, 2013

Apple Q4 earnings: $7.5 billion profit on $37.5 billion in revenue


Apple has just published its financial results for its final fiscal quarter of 2013, revealing a $7.5 billion profit on $37.5 billion in revenue. That's up on last year's $36 billion revenue, but gross margin is down from 40 percent last year to 37 percent.The figures beat expectations — Apple gave guidance of $34 to $37 billion revenue for the quarter and recently clarified that it expected the results to be "near the high end" of that guidance.


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via The Verge - All Posts http://www.theverge.com/2013/10/28/5039154/apple-q4-2013-earnings

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