Fourth-Quarter Results Beat Apple Inc. (AAPL) fourth-quarter beat the Zacks Consensus Estimate of $1.43 in earnings per share and $9.19 billion in revenue. Earnings in the quarter were $1.82 per share, which also surpassed the company’s own guidance. This increased 44% from $1.26 per share reported in the year-ago period. Strong earnings were due to higher sales in the quarter, which increased 25% to $9.87 billion, representing the second highest revenue growth in the company’s history. The tremendous revenue growth was due to higher iPhone sales and increased Mac shipments in the quarter. Apple continues to gain market share in the three major hardware sectors – computers (with very significant gains in portables), music players and smartphones. Apple's revenue increased in every region, including the U.S. and Europe. The company is currently benefiting from a positive mix shift to the higher-margin iPhones/iPod business from its ...

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