Apple Inc. (NASDAQ:AAPL) has announced its fourth quarter results for this
year. Apple Inc. (NASDAQ:AAPL) Misses Q4 Targets Despite setting new sales and
profit records over the last three months, Apple Inc. (NASDAQ:AAPL) failed to
meet its own lofty forecasts. However, the net income of the company for the
quarter rose to $6.6 billion, or $7.05 per share, up 54 percent from a year
earlier. Tim Cook, Apple Inc. (NASDAQ:AAPL)s CEO said, "We are thrilled with
the very strong finish of an outstanding fiscal 2011. 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." Apple
Inc. (NASDAQ:AAPL) shares were at 422.24 at the end of the last days trading.
Theres been a 12.4% change in the stock price over the past 3 months. Apple Inc.
(NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: 1 out of 2 in the industry
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