Apple Inc announced financial results for its fourth quarter of the fiscal year 2011, ended September 24,2011. The company reported a net profit of $6.62 billion, a marginal decline compared to last quarter's profits of $7.31 billion, but a growth of 53.6% compared to profits of $4.31 billion, in the year-ago quarter. The company’s quarterly revenue rose to $28.27 billion in the quarter, an increase of 38.99% compared to $20.34 billion that it reported in the same quarter, last year. International sales accounted for 63 percent of the quarter’s revenue. - iPhones: 17.07 million sold during the quarter, up 21% year on year. Previous quarter, Apple had sold 20.34 million iPhones - iPads: 11.12 million sold during the quarter, a 166% increase year on year. Last quarter, Apple had sold 9.25 million iPads. - iPods: 6.62 million sold during the quarter, down 27% year on year. 7.54 million iPods were sold in the last quarter. - Macs: 4.89 million sold during the quarter, a 26% unit increase over the year-ago quarter. This is an improvement over the previous quarter, when Apple had sold 3.95 million Macs. - Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. Notes from Apple’s Investor Conference Call: - Tim Cooks acknowledged the fact that this was the first investor conference call after Steve Jobs passed away and that Apple will remain dedicated to continue doing Job's work. - Apple's total revenue in fiscal 2011 was more than $108 billion. - Apple CFO Peter Oppenheimer said that…
