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Hardware-wholesale.com: Apple's Profit is $6.62 Billion in Q3(October 19, 2011)
Hardware-wholesale.com (http://www.hardware-wholesale.com/products/) reports that in the fourth fiscal quarter of2011, Apple's profit was 6.62 billion U.S. dollars with earnings per share of $ 7.05. The profit at the same period of the last year was 4.31 billion U.S. dollars with earnings per share of $ 4.64. The revenue in the fourth quarter was $ 28.3 billion. Hardware-wholesale.com reports that the analysts had predicted that Apple's fourth-quarter profit to be $ 7.31 per share and the revenue to be 29.6 billion dollars.
The analysts of Hardware-wholesale.com also point out that Apple's fourth-quarter sales of iPhone are 17.07 million units, below analysts' expectations. According to the survey, analysts forecast the fourth-quarter sales of Apple's iPhone were 20 million units. Apple's fourth-quarter gross margin was 40.3%, while last year's gross profit margin was 36.9%.
Hardware-wholesale.com is a promising e-commerce company and a leading vertical search engine company in China. Hardware-wholesale.com offers a variety of high quality products such as prepaid legal service (http://www.hardware-wholesale.com/buy-prepaid_legal_service/), pool fence safety (http://www.hardware-wholesale.com/buy-pool_fence_safety/), corporate christmas cards
(http://www.hardware-wholesale.com/buy-corporate_christmas_cards/) and many more.
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Related Keywords:Financial General, Consumer Electronics
Source:JCN Newswire. All Rights Reserved