Apple Inc. reports a 46 percent increase in its fiscal fourth-quarter earnings as the company posts higher revenue than a year ago led by better-than-expected sales of iPhones, Mac computers and iPods.
Apple said it earned $1.67 billion, or $1.82 a share, on revenue of $9.87 billion.
During the same period a year ago, Apple earned $1.14 billion, or $1.26 a share on $7.9 billion in sales.
Apple's results topped the estimates of analysts surveyed by Thomson Reuters, who had forecast the company to earn $1.42 a share on revenue of $9.2 billion. Click here for more on Apple's earnings results.
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