Apple posted a rare earnings miss Thursday afternoon. For the quarter, profits climbed 25% on the back of strong iPhone, iPad, and Mac sales. But Apple earnings came in at $8.67 EPS vs. estimates of $8.75 EPS.
Revenue, however, was $35.97 billion vs. estimates of $35.8 billion.
“We’re very proud to end a fantastic fiscal year with record September quarter results,” Apple CEO Tim Cook said following the report’s publication. “We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”
Shares of AAPL remain nearly $100 lower than the stock’s all-time high recorded just weeks ago.
Nonetheless, Apple certainly didn’t perform poorly for the quarter. The world’s most profitable company sold 26.9 million iPhones – a 58 percent jump over the same quarter last year. Apple also sold 14 million iPads and 4.9 million units – both higher than last year’s figures during the same three-month period.
Unfortunately for Apple, iPods sales continue to tumble. The company only sold 5.3 million iPods during its Q4. That’s down almost 20% over Q4 of 2011.