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View Full Version : Apple Income Surges, Revenue Falls Short


RobertoOrtiz
10-12-2005, 01:34 PM
Quote:
"Apple Computer Inc. saw robust sales of its personal computers and still-sizzling iPods, but overall shipments of the digital music player fell shy of Wall Street's high hopes.

The reaction was immediate — Apple shares plunged more than 10 percent late Tuesday after the company reported its fourth quarter results.
Analysts were expecting anywhere from 7.5 million to 8.5 million units sold, said Shaw Wu, analyst with American Technology Research. Instead, Apple sold nearly 6.5 million iPods in the quarter, bringing cumulative sales of the portable player to about 28 million units, said Peter Oppenheimer, Apple's chief financial officer."

>>Link<< (http://news.yahoo.com/s/ap/20051012/ap_on_bi_ge/earns_apple;_ylt=An73rUHER9jxT_ADAQZT3mKs0NUE;_ylu=X3oDMTA3b2NibDltBHNlYwM3MTY-)

-R

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