Apple reported its results for its fiscal fourth quarter (calendar year third quarter) on Thurday.
Apple reported net income of $8.2 billion, or $8.67 per share, compared with net income of $6.6 billion, or $7.05 per share, year over year. Revenue rose $36 billion, up 27 percent from 2011.
Revenue met analysts estimates ($35.8 billion), but earnings missed analysts' estimates, which were earnings of $8.75 per share, according to consensus estimates from Thomson Reuters.
Apple said it shipped 14 million iPads and 26.9 million iPhones during the quarter; those figures missed analysts' iPad estimates (17 million), but surpassed iPhone expectations (26 million).
Apple sold 4.9 million Macs during the quarter, up 1 percent year-over-year. iPod sales continued on their steady downward trend, as more people opt for combined deviced like the iphone; they were at 5.2 million, down 19 percent.
For its first quarter fiscal year 2013, ending in December, Apple projected earnings per share of $11.75 with revenue of $52 billion. Analysts had been expecting earnings of $15.41 per share on revenue of $55 billion for the period.
Much of the downturn in Apple stock prices seem to have already been factored in during a recent drop in its price. The stock is down to $606.86 (-$2.68, -0.44 percent) in after-hours trading.