Apple today announced their Q4 2011 financial results, including 17.7 million iPhones, 11.2 million iPads, 6.62 million iPods, $6.62 billion in profits. Unfortunately for Apple’s stock in after-hours trading, that’s below expectations — the first time Apple hasn’t exceeded expectations since Q2 2002.
“We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion,” said Tim Cook, Apple’s CEO. “Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.”
“We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.”
Of course these results don’t include 4 million iPhone 4S sold last weekend. In other words, North Carolina might not be enough. They’re going to need a bigger money bin.
We’ll be covering Apple’s financial results call at 5pm EDT, so keep your browsers’ locked here.
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