Apple Reports Highest September Quarter Revenue and Earnings Ever

Apple today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $ 28.27 billion and quarterly net profit of $ 6.62 billion, or $ 7.05 per diluted share. These results compare to revenue of $ 20.34 billion and net quarterly profit of $ 4.31 billion, or $ 4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

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