Apple Q4 report: iPad sales up 166%; iPhone up 21%; Mac up 26%
Today Apple released its Q4 (2010) earnings.
While its earnings per share and revenues narrowly missed Wall Street expectations, the company saw tremendous sales growth across most of its core divisions.
Analayst estimates pegged EPS at $7.28, but Apple revealed the number to be a notch below at $7.05. Revenue came in at $28.3 billion, slightly below an anticipated $29.4 billion.
However, iPad sales were up 166%, selling over 11 million units. iPhone sales were up 21% to more than 17 million, and both the Mac lineups increased sales by 26%, clocking it at 4.9 million units sold. iPod sales were down, but the iPhone's success is an obvious reason for this.
Apple experienced a profit of $6.6 billion.