All You Really Need To Know About Apple’s Earning Results: More Profits, Fewer iPods, Google Sucks
Apple announced impressive financial results for its fiscal Q4 ending September 25th posting record revenue of $20.34B and net quarterly profit of $4.31B. Gross margin was 36.9 %. International sales accounted for 57% of revenue. iPod sales, however, aren't soaring like they used to as users embrace the iPhone for multiple uses.
In touting the results, Steve Jobs added that the iPhone would beat Android; and that Apple's way of doing business was better than Google's "fragmented" approach.
Read the full earning summary here.