Billboard.biz takes an eagle-eyed view of Apple’s many music-related interests…
Apple earned a net income of $41.73 billion on revenue of $156.5 billion during its fiscal year. However, the company missed analysts’ expectations on iPad sales but exceeded them on iPhone sales in the fiscal fourth quarter. The company’s annual profit of $8.22 billion was short of the $8.3 billion expected by analysts surveyed by Bloomberg. Shares of Apple were down less than 0.1% in after-hours trading.
Read more at Billboard.