This result is not an enviable height of Wall Street expectations has been set for Apple and the company's share price slipped almost five per cent of $ 401.28 in after-hours trading.
"We are delighted with the arrival of an exceptionally strong fiscal 2011, increasing annual revenues of $ 108 billion and growing profit of $ 26 billion," said Apple CEO Tim Cook."Customer response to iPhone 4S was fantastic, we have strong momentum entering the holiday season, and we are really excited about our product pipeline."
Apple has announced that it sold 11.12 million iPad in the quarter, jumping 166 percent the same period last year.The company saw its sales increase to 17.07 million iPhone and Macintosh computer sales increase to 4.89 million in 26 and 21 percent increases, respectively, from the third fiscal quarter of 2010.
Analysts had expected iPhone sales to grow.Sales of iPod MP3 players receded by 27 percent to 6.62 million in a predictable decline, as people increasingly rely on smart phones to video and music.
