Apple reported $54.5 billion in revenue, up 18% year over year, and 25% when adjusting for 14 weeks in the December 2011 quarter vs. 13 weeks in the past quarter. This compares to guidance of $52 billion, the Street’s estimate of $54.7 billion and my projection of $57 billion.
Apple reported $54.5 billion in revenue, up 18% year over year, and 25% when adjusting for 14 weeks in the December 2011 quarter vs. 13 weeks in the past quarter. This compares to guidance of $52 billion, the Street’s estimate of $54.7 billion and my projection of $57 billion.