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Apple Earnings Up 54% But Miss Expectations; Listen to Analyst Conference Call

Oct 18, 2011

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Apple announced 4th quarter earnings today.

The numbers from CBS MarketWatch:

-Net income of $6.62 billion, or $7.05 per share, up 54% over last year
-Revenue up 39% to $28.27 billion

Sounds pretty good. But not good enough, apparently. Both numbers missed analyst expectations, and shares are down roughly 6 percent after hours.

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Listen to the Apple conference call

Macworld actually live-blogged the call. (Somebody over there can type really fast.)

Earlier, what to watch for from Mashable and an earnings preview from The Wall Street Journal.

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