After the market close today, Apple reported financial results for its fiscal fourth quarter, meeting the targets of some Wall Street analysts but falling well below the expectations of the usually spot-on amateur analyst crowd. The company reported revenues of $28.27 billion, up almost $7 billion from the year-ago quarter. Earnings per share came in at $7.05. Gross margin was 40.3 percent, versus 36.9 percent in the year-ago quarter. The results represent the best-ever September quarter for Apple.
Mac sales in the quarter were 4.89 million; iPads were 11.12 million an