» Apple Reports Fourth Quarter Results

Pretty good quarter. iPhone sales are up and even iPad sales were up a little, despite not having a new product launch and last year’s quarter being the one after a product launch. Mac sales are down but not as fast as the rest of the market, increasing Apple’s share.

On the conference call right now, Peter Oppenheimer noted that Apple would be deferring more revenue in the future on iOS and Mac devices to reflect the change to not charging for operating systems and iWork (a $900 million impact for the 4th calendar quarter). Hence, their guidance is flat for that quarter.