NEW YORK – Apple failed to set a new sales record in the last three months of Steve Jobs’ life – in a rare miss, financial results came in below expectations. After several record quarters, the July-to-September period saw Apple biding its time, with no new iPhone or iPad releases.
Net income in the fiscal fourth quarter was $6.62 billion, or $7.05 per share. That was up 54 percent from a year ago, but analysts polled by FactSet were expecting earnings of $7.28 per share.
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