"On Monday, Apple reported a profit of $7.5 billion for the fourth fiscal quarter, on revenue of $37.5 billion, down from earnings of $8.2 billion on $36 billion in revenue during the same period last year.Apple’s Profit Falls Despite Higher Sales of iPhones - NYTimes.com
Apple’s iPhone sales were up sharply, thanks in part to the introduction of new iPhone models last month. But iPad sales were flat, and Mac sales slowed down — and both of those devices brought in less revenue than a year ago."
Tuesday, October 29, 2013
Apple’s Profit Falls Despite Higher Sales of iPhones - NYTimes.com
A pivotal quarter for Apple