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Apple, presented the quarterly financial statements: profits lower than expected, stock down on the Stock Exchange (-7%)

Despite the boom of the new iPhone 4S, Apple's quarterly balance sheet is not satisfactory, even though it records a 54% increase in profit. What disappoints expectations in particular are the iPhones: over 17 million units sold (+21% on 2010), but analysts expected at least 20. Title down on the Stock Exchange: -7%

Apple, presented the quarterly financial statements: profits lower than expected, stock down on the Stock Exchange (-7%)

After the death of Steve Jobs, everything seemed to be going swimmingly for Apple. Victories in courts around the world on patents against Samsung and Htc, and above all boom in sales of the new iPhone 4S in the first marketing weekend in the USA and other countries.

And instead the first financial results have disappointed expectations: Even though fiscal fourth-quarter profit rose 54% and sales were strong, the bills still fell short of analyst forecasts..

For this reason the stock yesterday collapsed in the afterhours on Wall Street quickly losing 7% at $393 per share, after closing the session modestly higher at $422,24 per share, close to all-time highs.

In the quarter, Apple reported $6,62 billion in earnings, $7,05 a share, up from $4,31 billion, or $4,64 a share, in the same period last year. The turnover increased by 39% to 28,27 billion dollars (63% derived from international sales), while analysts expected profits of $7,39 per share on $29,69 billion in business.

In the three months ending in September they were 17,1 million iPhones sold, 21% more than a year earlier, but 16% less than in the third quarter (according to the company, the drop is also due to the fact that there were persistent rumors about the arrival of the new model).

The results do not include the record sales (over 4 million in the first three days of sales) of iPhone 4S, the latest model presented by Apple and arrived in stores last week. In addition, 11,1 million iPads, 4,9 million Macintosh computers and 6,6 million iPods were sold, down 27 percent.

Apple expects earnings of $9,30 per share on revenue of $36,72 billion for the fiscal first quarter, while analysts expect earnings of $9,01 per share on revenue of $36,72. .XNUMX billion dollars.

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