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BEIJING Replica Fernando Valenzuela Jersey , Nov. 3 (Xinhuanet) -- Apple has long held the position as the most profitable company in the world due to its bestselling handsets, but the tech giant disappoints investors over crunched earnings.


Apple's financial results for fourth quarter of 2013 (ended September 28) which was released lately reported 37.5 billion U.S. dollars in revenue and 7.5 billion U.S. dollars in profit.


That marked a growth of 4 percent in revenue compared to the same quarter in 2012, but year-over-year profits slumped 8 percent.


Company's gross profit margin, a key measure of profitability, fell to 37 percent in Q4 Replica Sandy Koufax Jersey , down from 40 percent in the same quarter last year, which represented the first earning decline the company had seen in 11 years.


Although Apple's financial performance in Q4 beat Wall Street estimates, the stocks slipped about 2 percent in after-hours trading as investors concern over their earnings.


Apple's earning dilemma may result from products structure and marketing positioning.


IPhones outshine Apple’s other products


IPhone continued to be the company's prime mover in fiscal income with 33.8 million units sold in the fourth quarter, up 26 percent compared to the same period last year. For the fiscal year, net sales of iphone rose 13 percent from 80.4 billion U.S. dollars to 91.3 billion U.S. dollars which contributed more than half of Apple's revenues.


IPad sales were relatively flat at 14.1 million Replica Maury Wills Jersey , up 100,000 from the year ago quarter.


Macs decreased by 7 percent over the same period, from 4.9 million in Q4 last year to 4.6 million this year.


The selling of iPod significantly slipped by 35 percent year over year so that it didn't even merit a mention in Apple's earnings call. It accounted for just 3 percent of Apple's overall revenues.


Overall revenues from all Apple products except for iPhones and for iTunes, software, and services were down year-over-year Replica Kirk Gibson Jersey , according to Macworld magazine.


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