Apple Posts $6.62B Q4 Profit
The device maker earned $7.05 a share on revenues of $28.27 billion. A year earlier it reported a profit of $4.31 billion or $4.64 a share on revenues of $20.34 billion.
Analysts polled by Thomson Reuters expected a profit of $7.28 per share on revenue of $29.45 billion.
After an immediate 8 percent dip, shares of Apple are up $2.76 (0.65%) to $425 in after-market trading.
— Sarah Reedy, Senior Reporter, Light Reading Mobile